Q: How did the financial markets react to Iran’s direct attack on Israel recently? A: Initially, equity prices rose Monday in pre-market trading and oil prices fell slightly. The reaction was contrary to prior money flows during Middle East escalations. The Dow Jones Industrial Average has lately descended to near break- even for the year since its March peak. Q: …

Q: Why did the Dow Jones Index drop 1600 points, approximately 4%, from its all-time peak during April? A: Hot sticky Inflation! The Consumer Price Index (CPI) inflation report for February and March was .4% each month which would annualize near 5%. The likely delay in interest rate cuts resulted in selling of long U.S. Treasury bonds and stocks. Interest …

Q: How long can the rally in equity prices last? A: The 1990s rally lasted from 1995 through 1999 beginning with the Federal Reserve lowering interest rates and ending in a final speculative buying frenzy. Investors should remember each Bull & Bear market could unfold differently. Q: Why did oil prices recently hit the highest levels since October 2023? A: …

 McGowanGroup Wealth Management Q2 2024 Client Update The 2024 Magic Carpet Ride So Far The rewards for dedication to great high cash flow assets at bargain prices are coming to fruition in the portfolios. The Q1 equity rally to new highs corresponded to the Federal Reserve updated projections of potentially 3 interest rate cuts during 2024 along with an increase …

Q: What news could’ve corresponded to new highs in the equity markets on Wednesday and Thursday this week? A: Projections and discussions from the Federal Reserve potentially confirms three interest rate cuts this year. If the interest rate cuts were completed every other meeting of the remaining 6 meetings this year the cuts could fall on June 12th, September 18th, …

Q: What is notable about the recent equity market rally? A: Per a recent article in the Wall Street Journal (WSJ), “A broader group of companies has fueled the recent climb to records”. Q: 2024 Cryptomania: What is FOMO and how does it relate to record highs in Bitcoin as well as other cryptocurrencies? A: Fear of missing out compels …

Q: How long can the current rally in U.S. equity markets last? A: Historically, equity market rallies tend to last longer than expected. For example, Alan Greenspan declared that the markets were experiencing “irrational exuberance” in 1996 and the rally continued to the year 2000. Q: What could this week’s trading in retail stocks indicate this week? A: Anemic 2024 …

Q: Where are some of the most impressive gains for 2024 in the equity markets, so far, and what unique ability was required to find them? A: One example, the S&P 500 Index is up over 6% in just 2 months. The unique ability to hunt for bargains during market declines during 2022 and 2023 was a key to enjoying …

Dallas Business Journal: “Dallas-Fort Worth comes to terms with its status as nation’s No. 2 financial hub. Dallas-Fort Worth has added 59.2K financial jobs since the end of 2019. On track to surpass 400,000 financial services jobs in 2025 or sooner. Dallas Mayor Eric Johnson: “Right now the smart money is on Dallas, Texas-a land of genuine opportunity where attracting …

Q: Are stocks too expensive for investors right now? A: 24 times trailing earnings vs. an average of 20 times. Price to earnings growth is slightly below the 10-year average. “PappaDean” McGowan points out that the universe of publicly traded stocks is shrinking at about $3 trillion per year. Q: What consumer categories have massive inflation recently? A: In January …