Weekly Stock Market Preview – August 5, 2024

After a weaker-than-expected jobs report rattled markets last week, and the manufacturing sector contracted more than anticipated last month, investors will get fresh data on the services sector, consumer credit levels, and more this week.

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Weekly Stock Market Recap – August 2, 2024

The typical summer lull was nowhere to be found in the markets last week. The final week of July was a whirlwind, filled with a flurry of earnings reports, three central-bank meetings, and key labor-market data. At first glance the abundance of datapoints suggested several crosscurrents.

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The Global Lithium Market: A Surge in Demand and Investment Opportunities

The global lithium market has witnessed exponential growth in recent years, driven primarily by the surging demand for electric vehicles (EVs), renewable energy storage, and consumer electronics. Lithium, often dubbed “white gold,” is a crucial component in the production of lithium-ion batteries, which power everything from smartphones to electric cars.

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Stock Market Recap – July 31, 2024

Stocks rallied Wednesday after the Federal Reserve kept interest rates unchanged, as expected, while highlighting inroads against inflation. Traders also poured back into megacap tech as chip names soared.

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The Coming Wealth Transfer: Baby Boomers, Business Succession, and the Challenges Ahead

As the Baby Boomer generation—those born between 1946 and 1964—enters retirement, the United States is poised for an unprecedented transfer of wealth. Over the next two decades, Baby Boomers are expected to pass down an estimated $68 trillion to their heirs and charities. A significant portion of this wealth is tied up in privately held businesses, many of which were founded or expanded by Boomers during the post-war economic boom. The impending transfer of these companies presents a complex set of challenges, not only for the families involved but also for the broader economy.

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Stock Market Recap – July 30, 2024

The S&P 500 fell Tuesday, dragged lower by declines in megacap tech stocks, as investors braced for quarterly reports from names in that cohort. Traders also set their eyes on Washington as the Federal Reserve began its latest policy meeting.

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Bitcoin Rejects Key $70k Level Again

Since Bitcoin’s test of $53,500 on the 5th of July, it had been straight up and to the right all the way to its ultimate short term high of $70k and change on the 29th of July. At that point we saw a sharp reversal with the oscillators rolling over.

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