Southwest Florida was one of the hottest housing markets during the pandemic. Now, it boasts relatively high levels of unsold properties, according to PulteGroup. https://t.co/J6TwNy6Qq9
With the US economy stronger than expected and inflation not yet at the Fed’s target, rate-cut expectations have dissipated, and the dollar has gained. As a result, major emerging markets’ interest rate differentials versus the US narrowed. Learn more: https://t.co/VqxuRL4ngq
We just witnessed history:
It has now been 352 trading days without a 2% down day in the S&P 500, the longest stretch in 14 years.
This is also the 10th longest streak in the history of the stock market.
With the election and Fed in the spotlight, we have seen multiple daily drops of 1%+ over the last couple of weeks.
Periods of low volatility are almost always followed by periods of high volatility.
The current period of low volatility is coming to an end.
Large-cap stocks are MASSIVE:
Large-cap growth compared to small-cap value stocks just hit their highest level since the Dot-com bubble.
The ratio between large-cap growth relative to small-cap value has spiked to ~1.7x, up from 1.1x in 2022.
This is even higher than levels seen prior to the 2020 Pandemic of 1.6x.
Since 2023, large-cap growth stocks are up 97% compares to an 18% gain in small-cap value stocks.
Big companies continue to get bigger.
Apple $AAPL just closed trading today with a $3.506 TRILLION market cap
This is the first time any stock has ever closed a day worth more than $3.5 Trillion
Peter Lynch once said:
"I've had stocks go from $11 to seven cents. You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready"
6 reasons to buy and hold stocks for the long-term: