Investments
Here Comes July, Historically the Best Month the Past 20 Years
“Everything good, everything magical happens between the months of June and August.” Jenny Han, writer of The Summer I Turned Pretty trilogy After gaining close to 5% in May, the S&P 500 is on pace for another very solid month in the usually weak month of June. We had pushed against the majority view that …
Ryan Detrick
June 27, 2024
Thoughts On Tomorrow’s Debate
“I don’t make jokes, I watch the government and report the facts.” -Will Rogers Get your popcorn ready, as tomorrow’s debate is the earliest in election cycle history and it is also the first time in history that neither debater is officially their party’s candidate (the Republican Convention is July 15-18 and the Democratic Convention …
Ryan Detrick
June 26, 2024
Why Even Nvidia Can’t Stop This Bull
What drives the relentless ascent of stock prices, and how does a tech giant like Nvidia find itself at the forefront of market value? In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group dive into the current bull market and discuss potential future …
Ryan Detrick
June 26, 2024
NVIDIA: An Incredible Profit Growth Story
NVIDIA briefly overtook Microsoft last week to top the charts as the most valued company in the world measured by market capitalization. The stock has pulled back since then, but it was up 156% year to date through last Friday (June 21st). This amazing run comes on the heels of a 239% return in 2023, …
Sonu Varghese
June 25, 2024
Nvidia’s Remarkable Rise to #1
Nvidia’s monumental run eclipsed a new milestone, with the company achieving the title of the most valuable publicly traded company at the end of June 18th, according to FactSet data. The fever surrounding Nvidia may draw parallels to the Nasdaq’s ‘DotCom’ run in the late 1990s, but the differences between 2024 and the 1990s may …
Blake Anderson
June 24, 2024
Just How Strong Is 2024? And Why the Summer Rally Isn’t Over Yet
“However beautiful the strategy, you should occasionally look at the results.” – Winston Churchill The amazing bull market continues and 2024 is turning into one of the better starts to a year ever. Yes, there have been some much better years, but considering the S&P 500 gained 25% last year, the approximately 15% gain this …
Ryan Detrick
June 21, 2024
How Does One Positively Expose Themselves to Luck While Investing?
The title was actually a question I put to Professor Jeremy Siegel when Chief Market Strategist Ryan Detrick and I hosted him on a live Facts vs Feelings episode recently. (You can listen to the episode here.) Of course, the question assumes you need luck while investing, and I think a lot of you reading …
Sonu Varghese
June 20, 2024
The Biggest Mistake The Fed Could Make
What is the biggest mistake the Fed could potentially make? With inflation cooling off, is the change in the Fed’s behavior the right move? In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, dissect the Federal Reserve’s recent decisions, the outlook for inflation, …
Ryan Detrick
June 20, 2024
No! Saudi Arabia is Not Ending Any “Petrodollar Pact”
Fake news alert: Saudi Arabia is not going to stop selling oil in US dollars (USD), and they’re not ending any petrodollar pact. In fact, there is no petrodollar pact, secret or otherwise. So, there’s nothing to renew (or not renew). Nor is there any “paradigm shift” shift in global finance. The rather mundane truth …
Sonu Varghese
June 18, 2024
Apple AI Push: A Look at iOS 18’s Top 5 Features
Each year in June, Apple hosts its weeklong Worldwide Developers Conference (WWDC), showcasing its newest hardware and an ever-growing list of software and services. While every year is significant, the details of how Apple plans to integrate Artificial Intelligence (AI) into its ecosystem made this year’s conference especially important. Investors were bullish on the update …
Carson Group
June 17, 2024
Small Caps: Value Trap or Timely Add?
Small cap stocks have been left in the dust by their larger-cap cousins since early 2023, with a few fits and starts along the way. Small caps showed strength coming out of the 2022 lows but were unable to build on their momentum as the Fed continued to raise interest rates until the summer of …
Grant Engelbart
June 14, 2024
Inflation Is Headed Lower, and That Means Rate Cuts Are Coming
The Consumer Price Index (CPI) report was a welcome “surprise” after a string of uncomfortably hot inflation reports. I put quotes around the word surprise, because in January and April, there was nothing within the inflation data or outside of it (e.g. inflation expectations, wage growth data) that suggested inflation was on a persistently higher …
Sonu Varghese
June 13, 2024