As we approach the midpoint of the year, it's crucial to evaluate the current condition of the stock market and the overall economy.

What can we anticipate in the second half of the year?

In this episode, Ryan Detrick & Sonu Varghese speak about the mid-year outlook for the stock market and the economy. They highlight positive performance and surprises, leading to a bullish outlook. They delve into the labor market, the Federal Reserve's decisions, and concerns like US-China relations and the semiconductor industry.

Sonu & Ryan discuss: 

• The unexpected rise and strong performance of the NASDAQ, particularly in May, with mention of NVIDIA's earnings report
• The outlook for stock gains and the potential for reaching all-time highs
• The performance and potential of developed international markets
• The state of the economy and the Federal Reserve's role in avoiding a recession
• Inflation, interest rates, and the Fed's stance on raising rates
• Potential worries that could disrupt the stock market, including the relationship between China and the United States
• The impact of geopolitical risk on inflation and how disruptions can affect the economy
• The stock market forecast for the year and the importance of grounding investment decisions in historical evidence
• And more!

Resources:

• Putting Theory Into Action with Jessica Golson, CIPM (Ep. 41)

Connect with Ryan Detrick: 

• LinkedIn: Ryan Detrick

Connect with Sonu Varghese: 

• LinkedIn: Sonu Varghese

Despite being traditionally male-dominated, the finance industry is undergoing a significant shift as women make remarkable progress and break down barriers.

Today, we speak with a prominent contributor at Carson Group about her experiences in the financial world!

In this episode, Ryan Detrick & Sonu Varghese sit down with Jessica Golson, Senior Vice President, Investments and Trading at Carson Group. She shares her experiences as a woman in finance and her role overseeing Carson Investment Research's investment and trading teams. Additionally, they explore the evolution of the advisor role, the importance of tax planning, and Carson Group's core values of community.

Jessica discusses: 

• Her role in overseeing the investment team, investment platform, and trading team at Carson Investment Research
• A conversation about being a woman in the finance industry
• The changes in advisor roles over the years and how Carson Group supports its partners
• The various aspects of investment beyond portfolio management, including tax planning and funding retirement or education
• The importance of having support and education for advisors in making investment decisions and providing solutions to clients
• The sense of community and collaboration among advisors at Carson Group
• The importance of asking questions and not waiting for a certain role or position to suggest a change in the workplace
• And more!

Connect with Jessica Golson: 

• LinkedIn: Jessica Golson

Connect with Ryan Detrick: 

• LinkedIn: Ryan Detrick

Connect with Sonu Varghese: 

• LinkedIn: Sonu Varghese

About our guest:

Jessica Golson received a Bachelor of Science in Business Administration from the University of Nebraska Omaha, where she majored in Finance, Banking, and Investment Science, and minored in Management. In 2012, she received a Masters of Investment Management and Financial Analysis from Creighton University. She currently holds FINRA Series 7 and 66 security licenses.

She brings over 10 years of industry experience striving to help advisors succeed. Since starting in the industry as an advisor she has since held influential roles in Trading, Performance, and Management. In her previous positions, she sought out opportunities for operational efficiencies and acted as a catalyst of change; improving many of the processes and procedures.

Outside of work, Jessica soaks up every second she can with her husband Terrance, and their three amazing children, Wyatt, Jacob, and Adalynn.

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

Curious about the current state of the stock and housing market and what's coming up for the second half of the year?

Get up to date with the current market updates!

In this episode, Ryan Detrick & Sonu Varghese explain the difference between hard and soft economic data and why it's important to look at both to get a better understanding of the economy. Ryan and Sonu also touch on the impact of Harry Markowitz on the investment industry, the potential for a strong July rally, and the current state of the housing market.

Ryan and Sonu discuss: 

• The difference between soft data and hard data
• Harry Markowitz and his impact on the industry through formalizing diversification and the return versus risk framework
• The possibility of a continuation of the summer rally in the second half of the year, citing historical data and momentum
• The valuations in the S&P500 — with a focus on the tech sector
• The importance of housing in the economy and how it is showing early cycle signals
• How housing has historically led recessions and how it took away from GDP for eight quarters in a row
• And more!

Connect with Ryan Detrick: 

• LinkedIn: Ryan Detrick

Connect with Sonu Varghese: 

• LinkedIn: Sonu Varghese

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

Ready for this week's market updates?

In this episode, Ryan Detrick & Sonu Varghese talk about the recent Fed decision, its impact on the market, and general markets update. They cover inflation, retail sales, and statistics on the housing market. Additionally, they touch on the importance of diversifying your portfolio and being cautious about chasing shiny objects.

Ryan and Sonu discuss: 

• The recent Fed decision, projections for the economy, and the impact on the market
• An explanation of core inflation, the impact of energy, food, and vehicles, and the role of housing in the consumer price index
• An analysis of retail sales data, including auto sales and building materials, and its implications for consumer spending
• An explanation of the difference between headline and core inflation and how consumers experience inflation in their daily lives
• The recent positive housing data, including a 22% increase in housing starts in May and a 5% increase in permits data
• The recent strength of the stock market
• The mid-year outlook and potential gains in the stock market for the second half of the year
• The idea of diversifying investments outside the US, including mid and small-cap stocks, and sectors like energy and industrials
• And more!

Connect with Ryan Detrick: 

• LinkedIn: Ryan Detrick

Connect with Sonu Varghese: 

• LinkedIn: Sonu Varghese

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

It's impossible to encounter the question, "What did you do today that brought you joy?" without Larry Sprung immediately coming to mind. In the latest episode, hosts Ryan and Sonu engage in a captivating conversation with Larry, delving into topics such as his partnership with Carson, the exciting release of his new book, and a multitude of other fascinating subjects. Larry's presence and his ability to evoke joy are truly unparalleled. The dynamic exchange with him in today's episode reminds us of the power of authentic connection and the happiness it can bring.

Hosted by Chief Market Strategist, Ryan Detrick and VP, Global Macro Strategist, Sonu Varghese, 'Facts vs. Feelings' is brought to you by the Carson Investment Research team.

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

In today's episode, Ryan and Sonu explore stocks, the economy, and the Fed. During the episode, they touch upon the popular TV series Succession, but fret not if you haven't watched it yet! They kindly provide a heads-up, allowing you to skip ahead and avoid any potential spoilers.

Hosted by Chief Market Strategist, Ryan Detrick and VP, Global Macro Strategist, Sonu Varghese, 'Facts vs. Feelings' is brought to you by the Carson Investment Research team.

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

Tune in to this episode, live from Carson Group's Partner Summit as Ryan and Sonu engage in an enlightening conversation with Ron Carson. They delve into Ron's background, exploring his journey and beginnings, and provide insights into the current state of affairs. Don't pass up the opportunity to catch this captivating discussion!

Hosted by Chief Market Strategist, Ryan Detrick and VP, Global Macro Strategist, Sonu Varghese, 'Facts vs. Feelings' is brought to you by the Carson Investment Research team.

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

In this episode, Ryan and Sonu are joined by a familiar guest, Libby Cantrill from PIMCO, to discuss the current state of the debt ceiling and take a brief look at the 2024 election.

Hosted by Chief Market Strategist, Ryan Detrick and VP, Global Macro Strategist, Sonu Varghese, 'Facts vs. Feelings' is brought to you by the Carson Investment Research team.

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

Join Ryan and Sonu on stage at Carson Grouo’s Partner Summit where they share their insights on macro, the Fed, the Carson Investment Research Team, and more. You won’t want to miss this special episode!

Hosted by Chief Market Strategist, Ryan Detrick and VP, Global Macro Strategist, Sonu Varghese, 'Facts vs. Feelings' is brought to you by the Carson Investment Research team.

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

Ryan and Sonu discuss the economy in today's episode and address the two most pressing questions they are currently receiving from Carson Partners.

Hosted by Chief Market Strategist, Ryan Detrick and VP, Global Macro Strategist, Sonu Varghese, 'Facts vs. Feelings' is brought to you by the Carson Investment Research team.

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.