The show began as Craig discussed why the tech-heavy NASDAQ index has outperformed both the Dow Jones and S&P 500 indices this year. He then explained how trading volume tends to slow down during this time of the year as many traders begin to take summer vacations. He also noted the importance of a critical economic update about job creation before explaining both unemployment and labor force participation rates and where they both may be trending in the coming months. He finished with a discussion of some recent Supreme Court decisions that could have wide-spreading implications on the markets, with potential alleviation of regulations for both large and small companies.
Craig’s Economic Update July 2nd 2024 on LI News 103.9 FM
by Craig Ferrantino | Jul 9, 2024 | Corporate, Earnings Reports, Financial Planning, Inflation, Investments, Market Updates, Radio Show, Retirement, Tax Cuts and Jobs Act 2017, Tax Updates, Taxes, Uncategorized