William Blair：2024年第三季度美国生物制药回顾报告（英文版）

• Equity markets experienced increased volatility in the summer following the unwinding of the Yen carry trade, but major indices ended the quarter up after the Federal Reserve finally initiated its highly anticipated easing cycle • With inflation seemingly cooling, investor focus has shifted to the labor market and the upcoming U.S. presidential election • Investors currently anticipate up to two additional rate cuts before year-end and up to five additional cuts in 2025 • Two years since th