Top Financial Market Surprises of 2024 So Far *Impressive Equity Market Returns! *Artificial Intelligence (AI) Mania. *AI Fail: IBM’s Watson Gets Fired from McDonald’s? *Weight Loss Mania. *The Controversial Return of Meme Stock Investor Roaring Kitty. *Morgan Stanley’s Bearish Chief Investment Officer, Mike Wilson, Reverses Course. *Persistent and Sticky Inflation Numbers? *The Federal Reserve Delays Interest Rate Cuts? *Electric Vehicles …

McGowanGroup Wealth Management 2024 Q3 Client Update Team Member Update Highlights Joyce Cheng is moving back from San Francisco and will resume her career with McGowanGroup during August as our Chief of Staff! With Joyce’s readdition to the team, Harrison Smith will now devote his primary focus as one of our four wealth managers. The investment in expanding our team’s …

McGowanGroup Wealth Management 2024 Q3 Client Update Team Member Update Highlights Joyce Cheng is moving back from San Francisco and will resume her career with McGowanGroup during August as our Chief of Staff! With Joyce’s readdition to the team, Harrison Smith will now devote his primary focus as one of our four wealth managers. The investment in expanding our team’s …

Q: Could long U.S. Treasury bond rates spike as short U.S. Treasury bond rates fall? A: To reverse the inversion of the yield curve back to a more normal reward for duration risk, long rates would have to rise as the Federal Reserve (Fed) lowers the overnight bank lending rate. Q: What happens to the net present value of the …

Q: How did this week’s disinflationary Consumer Price Index (CPI) and Producer Price Index (PPI) reports correspond to movements in leading technology stocks? A: This past Thursday, Microsoft, Nvidia, and Apple made new all-time highs along with the Nasdaq Index. Potential in long term Interest Rate reductions increase the value of future earnings and growth using a model of future …

Q: Where will the newly announced Texas Stock Exchange be located? Who is backing this venture & why is the exchange being founded in the first place? A: Stayed tuned to this week’s show as Spencer McGowan & Alex Tollen dig into the important answers! Q: What are some of the top Financial Surprises for investors in the first half …

Q: At this week’s lows the Dow Jones Industrial Average (Dow Jones) had dropped about 2,000 points or 5% below its recent peak of over 40,000 two weeks ago. What are some of the key factors contributing to this decline? A: Salesforce, Inc. reported as much as 8% revenue gain for the period ending this July, but lowered forward guidance …

Q: What are some of the likely explanations for the rally in natural gas prices over the last 90 days? A: Naturalgasintel.com reports hungry for power data center expansion, surplus storage drawdowns, and potential bullish projections of $4.50 per million British Thermal Units (BTUs) for the beginning of 2026. Q: What is likely one of the most important financial headlines …

Q: What appeared to spur the rally to all-time highs on the major equity indexes this week? A: Inflation eased in April below March and February levels. Although producer prices spiked .5% in April, the trailing 12 months at 2.2% is close to the Federal Reserve’s 2% inflation target. Consumer inflation increased at .3% for April, trailing 12 months at …

Q: Berkshire Hathaway’s Famous Annual Meeting: What are some of the thing’s investors could learn from Warren Buffett’s annual meeting, shareholder letter, and SEC holdings reports? A: The 25-year track record of Berkshire Hathaway chart shows one of the most successful track records in business. The chart below shows his top publicly traded holdings. Privately held Infrastructure including energy, utilities, …