Sanctuary Wealth's Mary Ann Bartels sees a buying opportunity in the market

Market Trends - The market is experiencing strong upward momentum, with new highs being reached, largely based on expectations of Federal Reserve rate cuts in a stable economy [1][2] - The S&P 500 is projected to reach 7,000 by year-end and potentially 7,200 by early 2026, indicating continued bullish sentiment [2] Investment Opportunities - There are significant buying opportunities in the market, particularly driven by advancements in AI and technology sectors, including infrastructure and utilities [3][4] - Long-term projections suggest the S&P could reach between 10,000 to 13,000, indicating a potential doubling from current levels, despite the possibility of a bear market in between [4] Economic Indicators - Current nominal growth is tracking at approximately 2.5%, with inflation also at 2.5%, creating an unusual environment for multiple Fed rate cuts [5] - There is skepticism about returning to a 2% inflation level, which raises concerns about long-term economic stability [6][7] Gold and Inflation - Gold has recently surpassed $4,000, reflecting investor concerns about inflation and economic stability [8] - The bond market's performance will be crucial in determining stock market stability, with expectations of declining interest rates into 2026 [9] Sector Performance - Semiconductors and technology, particularly AI-related stocks, are identified as the true leaders in the current market cycle [12] - There is a recognition of potential overheating in certain subsectors, such as drone technology and quantum computing, which may require caution [10][12] Market Sentiment - Current sentiment indicators, such as the VIX, do not signal a market peak, suggesting that concerns about a bubble may not yet reflect in investor behavior [13]