31 min listen
Welcome to the Year End Rally (Ep. 62)
Welcome to the Year End Rally (Ep. 62)
ratings:
Length:
37 minutes
Released:
Nov 29, 2023
Format:
Podcast episode
Description
The stock market is often a reflection of the economy, the consumer, and the sentiment of the investors. Based on the increases we've seen over the past four weeks, what can we expect for the end of the year?In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group chat about the year-end rally in the stock market, exploring factors such as seasonal trends, the Federal Reserve's monetary policy, and positive market sentiment. Additionally, they touch on record-breaking Black Friday sales, potential interest rate cuts, and the impact on the housing market.Ryan and Sonu discuss: The year-end rally in the stock market and the shift in sentiment from bearish to bullishThe S&P's four-week win streak and the significance of persistent buying in the marketThe broadening participation of sectors and stocks in the market rallyBlack Friday sales and statisticsConsumer debt and net worth, highlighting how households are in better financial shape now compared to pre-COVID timesWhy the increase in mortgage rates did not have a significant impact on the consumer and the housing marketA speculation on the potential for inflation to decrease and rate cuts to occur in 2024And more!Resources:Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com Connect with Ryan Detrick: LinkedIn: Ryan DetrickConnect with Sonu Varghese: LinkedIn: Sonu Varghese
Released:
Nov 29, 2023
Format:
Podcast episode
Titles in the series (82)
E17: The Edge of Normal by Facts vs Feelings with Ryan Detrick & Sonu Varghese