From the desks of Stanley Katz & Lauren Madera
STAY SAFE & HAVE FUN!
The three major US stock market indices produced a mixed bag of results for the week (i.e., DJIA: -0.11%, S&P 500: +0.95%, Nasdaq: +1.74%) even though AAPL — a major index component — was down. This is worth highlighting because the S&P 500 is off to its best start for the year since 2019. As declared many times in our Weekly H&C, the highly touted tech stocks keep pushing the market upward. And this is despite the fact that previous expectations for multiple Federal Reserve rate cuts seem to be fading. Schwab’s Weekly Trader’s Outlook offers some interesting tidbits in this vein.
One of the fascinating things happening in global markets is the resurgence of Japan’s Nikkei index, which finally overshot its previous high from 1989! On the flip side, China’s economy has recently fallen from grace. Don’t count China out though; they have the money and population to attack the problem. Click the link below to read Northern Trust’s thoughts.
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.
Schwab:
Northern Trust:
Capital Group:
J.P. Morgan Asset Management:
Argus:
Stanley Katz & Lauren Madera, Financial Advisors
ClientFirst Financial Strategies, Inc.
937-293-5500
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