Nick Hopwood, Certified Financial Planner, Founder at Peak Wealth Mgmt, manages over $300 million, has been in the business for 25 years. PeakWM.com.
1. trump shot, futures go up sunday night. Biden drops
out, futures go up Sunday night.
2. Small caps up 10% in 10 days, sell off in big tech,
rotation is happening. Market Cap S&P 500 vs S&P equal
weight index gap is biggest since march of 2000.
3. inflation at 3.0 finally and the market now expects the
Fed to cut in September.
4. Home appreciation – Ive been getting a lot of questions
like this from our california, new york, florida, and DC
clients – if I sell your home with a gain, do I owe capital
gains tax on the gains?
5. august and september are the worst months
seasonally