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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.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#interestrates #ratecuts #investing
4.6
310310 ratings
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.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#interestrates #ratecuts #investing
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