Q: What psychological stimulus could remove some selling pressure on the equity markets for investors?
A: As the Dow Jones Industrial Average made a new high this week, the fourth time over the past six months, selling decisions appear to be premature. The current bullish momentum has the potential to discourage sellers and remove selling pressure until significant negative events occur. Stay tuned!
Q: What did the bond market do BEFORE the Federal Reserve cut Interest Rates?
A: Money flowed into bonds evidenced by the large drop in rates. The 90 day U.S. Treasury Bill dropped from 5.3% in August to 4.85% during September, 10 Year U.S. Treasury Note dropped from a high of 5% October 2023 to 3.63% during this September.
Headline Round Up
*Ed Yardeni, President of Yardeni Research, is Bullish on Technology. Alan Lancz, Director of Research, of LanczGlobal is Bullish on Energy Infrastructure.
*Oil Back Over $70 at Highs this Week?
*The Sad Stories of Fannie Mae and Freddie Mac While Trying to Privatize?
*Artificial Intelligence (AI) Powers U.S. Natural Gas Demand.
*Goldman Sachs Illustrates Lessons for Investors from Every Correction Since 1973.
*Big Dividend Payment to Private Equity Investors Led to Bankruptcy for Steward Health.
*Dallas Based Tenet Healthcare Up 119% in 2024?
*European Union Embracing U.S. Example on Productivity, Growth, and Innovation.
*Chinese Regulators Impose Six Month Ban on PricewaterhouseCoopers China (PwC) Over Evergrande Crisis?
*FBI: Americans Lost $5.6 Billion in Crypto Scams Last Year.
*Oil Rich Arkansas Catches Fire Over Lithium!
*Solar and Batteries Saving the U.S. Electrical Grid!
*Family Rift Drives Rupert Murdock to Redo His “Irrevocable” Trust?
Wills, Trusts & Estate Planning Lessons From an Expert! Spencer McGowan Interviews John C. Mallios, a North Texas Based Attorney with over 40 Years Experience!
This week’s featured interview continues our ongoing Estate Planning discussion with an interview with John Mallios, a qualified and experienced litigation attorney.
Join us for key insights into the Estate Planning process: Do I need a Will or a Revocable Living Trust? What happens if the original document is missing? How does Probate actually work? What are the most important things that I need to do right now to protect assets?
John Mallios completed his Doctorate of Jurisprudence from Salmon P. Case, College of Law in 1978. After his successful completion of the Texas Bar Exam, he became a licensed attorney in all State and Federal courts in all districts in the state of Texas in May of 1979.
Mr. Mallios opened his own practice in 1980 and early on in his career he specialized in Criminal and Family Litigation. By 1983, he specialized in, not only Criminal and Family Litigation, but also Business, Probate, and Personal Injury law. Mr. Mallios has been involved in numerous cases against corporate defendants where he has obtained substantial verdicts and/or settlements.
The 10 Stages of Estate Planning: Lessons from The McGowanGroup Wealth Management Team’s 38 Years of Experience!
SPDR Dow Jones Industrial Average Exchange Traded Fund (ETF) Trust (12/29/2023 – 09/16/2024)
– Courtesy of Bloomberg LP
Invesco QQQ Trust Series 1 (12/29/2023 – 09/16/2024)
– Courtesy of Bloomberg LP
SPDR Standard & Poor’s 500 Exchange Traded Fund (ETF) Trust (12/29/2023 – 09/16/2024)
– Courtesy of Bloomberg LP
Chicago Board Options Exchange – 30 Year Treasury Bond Yield Index & Short Term Interest Rate Index (09/14/2023 – 09/13/2024)
– Courtesy of Bloomberg LP
Department of Energy’s Cushing Oklahoma Crude Oil Total Stocks (09/19/2014 – 09/06/2024)
– Courtesy of Bloomberg LP
U.S. Consumer Price Index – Urban Consumers Year over Year, Non-Seasonally Adjusted (09/15/2019 – 09/13/2024)
– Courtesy of Bloomberg LP
U.S. Job Openings By Industry Total, Seasonally Adjusted (09/15/2019 – 07/31/2024)
– Courtesy of Bloomberg LP
Recurrent MLP & Infrastructure Fund & AllianceBernstein Global High Income Fund (12/29/2023 – 09/12/2024)
– Courtesy of Bloomberg LP
Profit Report
The Armageddon head fake of early August?
The continued evolution of McGowanGroup Wealth Management investment plans.
