EPISODE · May 17, 2024 · 9 MIN
Dow 40K and Beyond - Another Rapid Rundown
from Bedell Frazier Investment Counselling
The Stock Market hit a fresh, all-time high this week. The S&P 500 cleared 5300 for the first time. The Dow reached a new, major pinnacle of 40K. The rally continued. All that seemed to matter to the Market was that Fed Chair Powell signaled the next rate move will, in all likelihood, be down, and not up. It was off to the races for stocks with a historic Friday finish. There's nothing like some big round numbers to get the Bulls excited. Hats and champagne were present on the floor of the exchange. No matter how you slice it, the continued strength for stocks is quite impressive...
What this episode covers
The Stock Market hit a fresh, all-time high this week. The S&P 500 cleared 5300 for the first time. The Dow reached a new, major pinnacle of 40K. The rally continued. All that seemed to matter to the Market was that Fed Chair Powell signaled the next rate move will, in all likelihood, be down, and not up. It was off to the races for stocks with a historic Friday finish. There's nothing like some big round numbers to get the Bulls excited. Hats and champagne were present on the floor of th...
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Dow 40K and Beyond - Another Rapid Rundown
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