The S&P 500 is once again within striking distance of an all-time high, supported by strong corporate earnings and encouraging inflation data. After a relatively flat July, August has started with renewed momentum.
In this episode:
- Why the market is once again approaching record highs
- How 86% of S&P 500 companies beating earnings expectations points to broad strength
- What the latest CPI report tells us about inflation
- Why falling medical and pharmaceutical costs stood out in the latest inflation data
- The growing gap between home sellers and buyers, and why today’s housing market may favor buyers
- Why financial stocks continue to show strength
- The turnaround in AI-related names including Micron, SanDisk, and Western Digital
- A look beyond AI at quantum computing and why Adam and Blake are watching this emerging technology
- Why quantum stocks remain highly speculative despite their long-term potential
Adam and Blake also discuss why stable interest rates could provide continued support for financials and the broader market, while highlighting the importance of staying disciplined when investing in emerging technologies.
At WealthGuard Advisors, we provide fiduciary, fee-only financial planning and asset management designed around your unique goals.
