Facts Vs Feelings Take 5 – You’re Downgraded
You’re downgraded! U.S. debt was downgraded last week by Fitch – from AAA to AA+. This is the second time this has happened in U.S. history. How does this impact investors? Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese break down their tho …
Market Commentary: U.S. Debt Downgrade Should Have Minimal Impact
Rating agency Fitch downgraded the U.S. government’s longer-term credit rating to AA+ from AAA. This was the second downgrade in the nation’s history. The first came in August 2011 from S&P Global Ratings after a government standoff over the debt ceiling. The agency cited “the expected …
Facts Vs Feelings Take 5 – Just Like Everyone Expected
We’ve seen some incredibly strong economic data over the past week! Join Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese as they break down everything from the GDP to the stock market. Highlights include: · GDP grew well above expectations · …
Market Commentary: Stocks and the Economy Show Continued Strength
After a large reversal Thursday, stocks bounced back Friday, bolstered by the continued impressive performance of the economy (further details below). This has already been a historic year — the stock market experienced one of its best starts in 2023. The S&P 500 is up close to 20% for …
Facts Vs Feelings Take 5 – The Midyear Outlook
Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese provide their top takes on the state of the economy – and what to expect this quarter – in the latest episode of Facts vs. Feelings: Take Five. Hear what Ryan and Sonu share their expert opinio …
Market Commentary: The Dow’s on a Winning Streak
“However beautiful the strategy, you should occasionally look at the results.” — Winston Churchill How about that? As soon as we released our Mid-Year Outlook predicting the bull market to broaden out, we find the Dow Jones Industrial Index up nine days in a row.
Midyear Outlook: Q3 Update
As the move back to “normal” continues, we realize that things are trending in the right direction. But what will Q3 bring? Hear from two prominent voices within the financial services industry in our on-demand webinar with Carson Group’s Chief Market Strategist Ryan Detrick and VP, Globa …
Market Commentary: The Bulls Are Still in Charge
After consolidating some during the earlier part of July, stocks moved higher once again last week, with many stocks hitting new 52-week highs along the way. We are quite impressed to see cyclical areas like energy, industrials, and financials performing so well since early June. We heard t …
Mid-Year Outlook ’23 Highlights
Carson Groups’ Ryan Detrick shares key events we saw in the past quarter and how we think they’ll affect markets in the rest of 2023. Contact us to speak with a financial advisor.
Market Commentary: Stocks Take a Breather
After a huge run-up in June, stocks have consolidated in July, which is perfectly normal. We continue to hear predictions of a stock market fall and economic recession, but we disagree with both assessments. Two data points indicate continued strength. The S&P 500 has not broken the Aug …
Market Commentary: The Summer Rally Has Legs
Six months ago, most financial experts were talking about an imminent recession and the likelihood of stocks breaking the October lows. But instead, stocks had one of their best six-month starts and the economy shows no signs of slowing.
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2024 Market Outlook Report
Will the bull market continue in 2024? What about a recession? What will the Fed do? We take a deep dive into our outlook for 2024 in Carson Investment Research’s Outlook ‘24: Seeing Eye to Eye.