Podcast: Play in new window | Download
Advisors on This Week’s Show
Market Closings for the Week
- Nasdaq – 26282, up 449 points or 1.7%
- S&P 500 – 7575, up 92 points or 1.2%
- Dow Jones Industrial Average – 52637, down 263 points or 0.5%
- 10-year U.S. Treasury Note – 4.57%, up 0.08 point
On this week’s episode:
- Reminder: Elon Musk is not your boyfriend.
- We’re seeing some risks in concentrating your investments to one specific index. Don’t put all your eggs in one basket. Remember what Steve wrote in his article about diversification this week!
- While AI is a near-term inflation problem, it may prove to be a long-term inflation solution.
- Consumer credit plunged in May, elevated mortgage rates and record high prices resulted in fewer home sales in June, the labor market remains stable.
- And more!
