Listen "Dow 40k, Now What? (Ep. 86)"
Episode Synopsis
As investors contemplate the significance of the Dow hitting 40,000, they are wondering about the market’s next moves.In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, chat about the Dow reaching 40,000, the implications for investors, and the broader market sentiment. They also touch on the current state of inflation, analyzing recent reports and their implications for the economy. Ryan and Sonu discuss: The milestone of the Dow reaching 40,000 and its historical significanceThe role of earnings growth and market multiples in driving the recent market rallyThe importance of momentum and breadth in the current market rallyThe outlook for the stock market given the current economic indicators and historical trendsThe latest inflation reports and their impact on the marketThe Fed’s target for core PC inflation and market expectationsAnd more!Resources:Any questions about the show? Send it to us! We’d love to hear from you! [email protected] Connect with Ryan Detrick: LinkedIn: Ryan DetrickX: Ryan DetrickConnect with Sonu Varghese: LinkedIn: Sonu VargheseX: Sonu Varghese
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