Thoughtful Money with Adam Taggart Adam Taggart | Thoughtful Money

So far this year, the top 10 stocks in the S&P 500 have accounted for more than 76% of the index's gain.

This is the 2nd most concentrated reading for the S&P in the past 20 years. The highest percentage was 79%, achieved in 2007, right before the Global Financial Crisis.

Are we in a new AI-powered Tech renaissance that will continuing powering the markets higher for years to come?

Or are we risking a major market breakdown, putting all our hopes in a handful of companies that can't keep growing at the meteoric rates that Wall Street is expecting?

For answers, we're fortunate today to speak with Fred Hickey, editor of the highly respected newsletter The High Tech Strategist, which Fred has been publishing since 1987.

Fred is extremely worried about the lack of demonstrable return-on-investment from the hundreds of $billions currently being spent on generative A.I.

In his estimation, the tremendous valuations currently being awarded to A.I.-related stocks is on par with the infamous Dutch tulip and South Sea manias. He predicts the current situation will end as painfully as those asset bubbles did.

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

#nvdia #aapl #artificialintelligence

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Well, the markets are back at all-time highs and central banks around the world are increasingly talking of interest rate cuts...or actually making them.

Will that take asset prices even higher from here?

Are we in a new golden era for stocks?

To find out what the technicals are telling us, as well as to dig into the macro side as well, we're fortunate to speak today with Sven Henrich, technical analyst and publisher of NorthmanTrader.com.

Sven thinks we are at an important juncture, technically-speaking. Either a material correction is going to happen...or we're at the start of a much bigger bull run than we've seen so far. One potentially big enough to send the S&P to 9000 by 2028(!)

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

#technicalanalysis #bullmarket #stocks

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Stocks hit new all-time highs this week and despite being very overbought, momentum is still higher.

What could end this rally is the upcoming earnings season, cautions portfolio manager Lance Roberts.

Profit growth estimates are EXTREMELY optimistic right now. If they disappoint, a reversal could be fast & furious.

Lance and I talk about that, the recent Fed guidance, the weak jobs market, and do a detailed walk-though of Lance's new & improved SimpleVisor service in this week's update.

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#unemployment #federalreserve #investing

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In its latest guidance released this week, the Federal Reserve is holding interest rates steady for now. The Federal Funds rate will remain unchanged at 5.25%

But the Fed did lower its rate cut forecast for 2024 to just 1. And it raised its 2025 rate cut expectations upwards from 3 to 4.

It largely did this because its outlook on inflation is notably more optimistic than in previous months.

Wall Street certainly liked what it heard, with the S&P jumping over 1% on the news and Treasury yields falling.

But does this slightly more optimistic view actually change anything?

To find out, we sat down right after Fed Chair Jerome Powell's press conference with Axel Merk to get his real-time assessment.

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

#federalreserve #interestrates #inflation

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Despite the Federal Reserve's efforts to tame inflation by cooling the economy with its aggressive "higher for longer" interest rates and Quantitative Tightening, the US has managed to avoid recession.

Consumer spending has held up, largely due to the "strong" jobs market.

But is that likely to remain the case going forward?

And if not, if unemployment starts to rise significantly, what should we expect? Mass layoffs? A recession? A correction in the financial markets or home prices?

Or none of these?

To find out, we have the good fortune to speak today with Michael Kantrowitz, chief investment strategist & managing director at Piper Sandler. He's created the HOPE framework, which provides a way for us to track recession risk, and gives us the ability to project what's likely to happen next for the economy.

Michael's forecast is surprisingly nuanced and contains elements both bulls & bears should heed.

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

#unemployment #employment #recession

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In today's discussion we look at the all-important energy market. Remember, without energy, there is no economy.

As we look to the future, where are global energy trends headed?

Which ones are we likely to turn to more to power the world of tomorrow?

And where are the best opportunities for investors likely to lie?

To discuss in depth, we're fortunate to sit down with the green chicken himself, the energy expert Doomberg.

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

#oil #nuclearenergy #naturalgas

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