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Showing posts from June, 2024

Is the current ongoing AI-driven stock market rally another Internet bubble?

  Is the current ongoing AI-driven stock market rally another Internet bubble? This week's Weekly Market Commentary discusses the current tech market dynamics, contrasting today's robust, high-quality company-led environment with the late-1990s tech bubble. Learn why a mild correction might offer strategic buying opportunities, despite the ongoing AI-driven rally.  Check out our latest market commentary in the link below to hear our opinion on this topic! Artificial Intelligence: The Antidote to Fed Policy?  As always, please reach out to me with questions or if there is anything else we can do for you!  I can be reached by email at cyril.white@fourfinancial.com or by phone at 734-272-4322. Sincerely, Cyril S. White Certified Financial Planner ™ Important Information This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for al

June 2024 Market Letter

Dear Friend, I hope that you and your family are doing well! Below are our latest thoughts about our current financial and economic markets. April showers brought May flowers as markets placed greater importance on economic growth and corporate profits than the “higher for longer” interest rate messages from the Federal Reserve (Fed). In fact, the S&P 500 ended May above where it ended March. So, as you prepare for summer vacations, how much should you worry about your stock portfolios? First, based on history, stocks tend to do just fine between Memorial Day and Labor Day, with the S&P 500 rising 1.8% on average between holidays with gains 70% of the time (source: Bespoke). Also consider stocks tend to do better the rest of the year when they rise in May, with an average June–December gain of 5.4% with positive returns 73% of the time. Seasonality is not particularly worrisome. Investing involves much more than seasonality. Looking at the U.S. economy, slower growth in the fir