2024年5月31日星期五

A Major Shift Could Be Coming...

Investing Daily

Get Ready for The Next Wave of AI Stocks

Unsubscribe

sta

From Our Partners

 

A Major Shift Could Be Coming...

In 2022, Marc Chaikin warned: "A major shift in our financial system could lead to a RUN ON THE BANKS in 2023." Three months later, we saw the biggest bank failures since 2008. Today, Marc warns it could soon happen again. Click here to learn more.

Get Ready for The Next Wave of AI Stocks

By Jim Pearce

 

The stock market's persistence this year has been remarkable. The rally began late last year. That's when it became apparent the Fed's approach to driving down inflation was having the desired effect.

On October 31, the S&P 500 Index closed beneath 4,200. Five months later it was above 5,200. Wall Street anticipated an interest rate cut by the Fed during the second quarter of this year.

Since then, it has been slow going. Over the next two months the index struggled to gain momentum as inflation leveled off. Nevertheless, the index rose above 5,300 in May to reach a new all-time high.

That is good news for index investors. At the start of this year, the S&P 500 Index had gained no ground over the previous two years. But thanks to its strong performance since then, index investors are now solidly in the black.

Leader of the Pack

The stock market's recent rise is largely due to Wall Street's euphoria over artificial intelligence (AI). There is no better example of that than AI memory device manufacturer NVIDIA (NSDQ: NVDA). I added to the Personal Finance Growth Portfolio in October 2022 while it was trading around $115. Since then, it has appreciated 870%. 

Read More...

Money Growing

Get Every Income Pick Robert Rapier Releases — For The Rest Of Your Life

We just opened the doors to Robert Rapier's brand-new membership level, the Platinum Income Alliance. This private program gives you access to every income-generating pick he releases… not just for 1 year… or even 5… but for the rest of your life. Get the details here before you get locked out.

You are receiving this email at its028@gmail.com  as part of your subscription to Investing Daily. To ensure delivery directly to your inbox, please add postoffice@investingdaily.com to your address book today.

©2024  Investing Daily

20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165

All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.

没有评论:

发表评论