Banks set the stage for a strong January

Wall Street on Friday surged to its best weekly performance since the post-election rally in November 2024. After a topsy turvy December and a rocky start to the new year, the bulls came roaring back over the past couple of days. Wednesday, in particular, saw the...

Happy Holidays from Future Wealth LLC

To all our clients and readers of this newsletter – Happy Thanksgiving and Seasons Greetings. It has been a unpredictable year for investors with the high volatility in the markets but with inflation down to 2.6% and election uncertainty behind us, the stock market...

Bitcoin tests the Greater Fool Theory

Wall Street rebounded from last week’s retreat with a nearly 2% advance over the last five days, and the S&P 500 is now only 0.8% from its record intraday high. It was a week marked by steady gains, geopolitical tensions arising from developments in the...

A Felon in the White House

One of the most pivotal weeks of the year turned out to be records galore for Wall Street – the S&P smashing past the 6,000 point level in a historic first. The Dow Jones Industrial Average notched its 41st and 42nd record close of the year while also taking...

Consumer is king

Friday’s payrolls report showed the addition of 254K jobs in the U.S. in September, significantly higher than the 132K consensus. The data pointed to strong hiring in the labor market and led to investors dialing back their expectations for another large 50...

Guessing the Fed’s next move

It was a historic week for Wall Street, with the S&P 500 closing above the 5,700 points level for the first time ever. Meanwhile, the Dow surpassed and ended above the 42,000 points mark for the first time ever.   The advance was driven by what was undoubtedly the...