After a blowout Q1, stocks swooned in April, raising concerns the bull rally had ended.
Nope.
The bulls returned in May and as of this recording, the S&P, the Dow and the Nasdaq are all trading at all-time-highs.
Wall Street is confident, the financial media is downright gleeful, and the market momentum has a lot of tailwinds behind it right now.
But...there are headwinds, too.
Which will win out as we head closer to the uncertainty of the November elections?
For perspective, we're fortunate today to talk with Cameron Dawson Chief Investment Officer at NewEdge Wealth
Cameron thinks that markets still have room to run here. But she warns that if the Fed starts cutting rates later this year, it may have the OPPOSITE effect of what investors are hoping for.
Disclosure: Thoughtful Money LLC is in the application process to be a Registered Investment Advisor Solicitor. We produce educational content geared for the individual investor. It’s ...
Disclosure: Thoughtful Money LLC is in the application process to be a Registered Investment Advisor Solicitor. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.
Some good info here, thanks.