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Advisors on This Week’s Show
- Dave Sandstrom
- Tom Pappenfus
- Kyle Tetting
- With Max Hoelzl
- Engineered by Jason Scuglik
Market Closings for the Week
- Nasdaq – 25709, down 1263 points or 4.7%
- S&P 500 – 7384, down 196 points or 2.6%
- Dow Jones Industrial Average – 50867, down 166 points or 0.3%
- 10-year U.S. Treasury Note – 4.54%, up 0.08 point
With an abundance of economic data this week we have a lot to cover. Here’s some of the key topics and insights:
-Markets still trading on the highs and lows of the AI trade
-Friday jobs report and continued inflamatory pressures saw 10Y treasury bump past 4.5% Friday, another threat to some growth stocks
-Space X IPO is close!
-Spending growth continues from consumers across all income brands, which brings a still persistent dislocation between spending and consumer sentiment.