From the desks of Stanley Katz & Lauren Madera
STAY SAFE & HAVE FUN!
WOW! What a week in the US stock market! All three major US stock market indices posted incredible gains (i.e., DJIA: +2.93%, S&P 500: +2.49%, Nasdaq: +2.85%). Finally, sectors other than the “Magnificent 7” (AMZN, AAPL, GOOGL, NVDA, META, MSFT, TSLA)—like materials and real estate—propelled the indices to greater heights. In stock speak, this is a “broadening” of the market.
A soft landing appears in sight as inflation falls and economic growth moderates. Coming out of last week’s Federal Reserve meeting, Chairman Powell even hinted that interest rates may be lowered in the not-too-distant future. His commentary sent the markets skyrocketing on Wednesday. Reading between the lines though, lower interest rates actually imply that the economy may be slowing to a point that warrants a capital injection.
Look out for the “Outlooks” listed below. We have a few in this week’s Highlights & Commentary. Many of the market analysts have provided their thoughts on the coming year. We think you will enjoy them!
Below are links to a number of third-party research reports that we have read and analyzed over the past week. We hope you will find the information interesting, useful, and worthwhile.
Capital Group:
Zacks:
Argus:
Northern Trust:
J.P. Morgan Asset Management:
Stanley Katz & Lauren Madera, Financial Advisors
ClientFirst Financial Strategies, Inc.
937-293-5500
Investing involves risk, including the possible loss of principal. The information contained herein has been prepared solely for informational purposes. Nothing contained herein should be construed as a recommendation to either buy or sell any security or economic sector, or implement any strategy discussed. Please consult with your financial advisor, accountant, and/or attorney before acting on this information. ClientFirst Financial Strategies, Inc. is a DBA of OneSeven, LLC (OneSeven). OneSeven is an investment advisor registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training. Securities offered through Fortune Financial Services, Inc. (Fortune), Member FINRA/SIPC. OneSeven and Fortune are separate entities. Investment Products are Not FDIC Insured, Offer No Bank Guarantee, and May Lose Value.
OneSeven and Fortune do not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third parties.