Let's bring in Michael Lansberg. He is chief investment officer of Lansburg Bennett Private Wealth Management. And I don't know how I'd characterize your your feelings now, Michael. You're not I mean, I don't think you're a raging bull. You're not really that worried even about trade, even about China. Um you figure high single digits for the year for the S&P. I just figured that out. We're there. >> Yeah. >> So what does that mean? that that the stock pickers market. You don't know if the averages necessar ...

Investors in China look to be pivoting from gold-backed exchange-traded funds into local equities https://t.co/T6GZx1eT7F ...

Market Trends - Large cap growth stocks' rally is expected to gain further momentum, potentially driving US equities to new record highs [1] Analyst Opinion - Jefferies anticipates additional catalysts for the continued rise of large cap growth stocks [1]

Market & Economic Assessment - The Fed is in a difficult position, balancing inflation pressures with calls for rate cuts, while the economy grows between 2% and 3% [2][3] - Current market conditions, including high equity prices, low volatility, and tight credit spreads, are atypical for a rate-cutting cycle [3][4] - Speculative behavior is prevalent, with tight credit spreads making fixed income investments interest rate sensitive [5] - Fiscal policy is challenging, with $37 trillion in debt and a $2 trillion deficit, while the Fed maintains a $7 trillion balance sheet [7] - Inflationary pressures persist, particularly in construction costs and wages, making a return to zero rates unlikely [8] - The long end of the yield curve signals concerns about the US fiscal situation, as the 30-year Treasury yield is higher than when Fed funds were 51/8% [10][11] Investment Strategy & Risk - The administration's policies favor risk assets, but this may not be favorable for fixed income [6][24][27] - Investors should be cautious about taking on excessive risk in fixed income portfolios, particularly through high yield credit at tight spreads [6][15] - Private credit funds raise concerns, especially the push to include illiquid assets in liquid investment vehicles, echoing concerns from 2007 [15][16][18] - Meme stock activity indicates that investors are unafraid, with one penny stock accounting for 15% of stock exchange volume [20][21] - While the overall risk environment is favorable, it is susceptible to shocks, requiring careful monitoring and liquidity [26][27][25]

Equities are richly priced. And the pockets of frenzied risk-taking popping up suggest the stock market is narrowly focus on a Goldilocks outcome. https://t.co/f60HTo0QBk ...

Josh, it's good to have you back. Welcome. Nice to see you, too.Are you surprised at the resilience of the overall market and economy to these higher tariff rates. Not especially, to tell you the truth. Um, I think when I was last on the show, I think I was I had finally come on to the view that rates were finally going to start to come down because it seemed like we were seeing some easing up of inflation.We're seeing a few signs of a little bit of softness and it seemed like it was time. And also there wa ...

US equities fell on Tuesday, with a rally that has powered indexes to fresh records losing steam as investors pored over corporate earnings. https://t.co/xeyNKtuOLM ...

Market Overview - Market experienced volatility due to policy uncertainty and geopolitical events, even a "bear market scare" in Q2, but stocks recovered to all-time highs by the end of the quarter [1] - Fidelity thought leaders provided insights on the past quarter and discussed potential risks and opportunities for the next quarter [1] Key Topics Covered - Discussion included a Q2 recap and Q3 market outlook [1] - Analysis of stocks & bonds, taxes & tariffs, and interest rates [1] - Examination of risks & opportunities, consumer debt, and national debt & Treasurys [1] - Commentary on Bitcoin & gold [1] Economic Factors - CPI data and the Federal Reserve's actions were discussed [1] - Impact of tariffs on corporate earnings was analyzed [1] Market Segments - Perspectives on international stocks and U S exceptionalism were shared [1]

Market Observation - The equities market has been in a revenue-focused environment for approximately 300 years [1]

Market Focus - South Korea aims to shift household wealth from real estate to equities [1] - A lawmaker leads a committee to boost the nation's stock market [1]