Episode Details
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11-25-24 Markets Look for a Holiday Rally
Published 1 year, 1 month ago
Description
Thanksgiving week is spread out before us like a serving table laden with food: Markets will trade in a holiday-shortened week with moods of expectation for high consumer spending. Lance reveals his strategy for Christina's Christmas present. Markets' goal is to generate 50-points, targeting S&P 6,000, despite limited downside. Bond Yields are dropping with Scott Bessent's nomination as Treasury Secretary. The Dollar and Bitcoin are over-bought; correction necessary. How will a Sec'y Bessent affect the national debt? Eliminating Government Debt & Deficits will subtract from corporate profitability; eliminating government spending will trigger recession. Why short-term pain isn't a bad thing in the long-term. Everyone is not expecting recession; What about risk and the CIti Surprise Index. Lance explains Old People behaviors; the strong market outlook for 2025. Lance pontificates on Marriage; the annual profit outlook for 2025; a recap of our Thanksgiving week content schedule.
3:15 - Thanksgiving Week Preview
14:49 - A Fiscal Hawk in the Treasury's Hen House
30:23 - Old People
32:15 - Strong Outlook for 2025
44:34 - Lance on Marriage
52:41 - Nobody Expects Recession
Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor Jonathan McCarty, CFP
Produced by Brent Clanton, Executive Producer
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Articles mentioned in this report:
"Market Forecasts Are Very Bullish"
https://realinvestmentadvice.com/resources/newsletter/
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The latest installment of our new feature, Before the Bell, "The Market Wants to Get to 6,000 " is here:
https://www.youtube.com/watch?v=hfNOalW1rYo&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1&t=1s
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Our previous show is here: "The Best thing About Retirement"
https://www.youtube.com/watch?v=cgRu1W--X-Q&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=976s
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Get more info & commentary:
https://realinvestmentadvice.com/newsletter/
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