2024 Capital Markets Mid-Year Recap Written by: The Investment Committee Executive Summary The first half of 2024 was strong, albeit a much more concentrated rally versus the preceding Q4 of ‘23. Fundamentals drove nearly all the performance of the Mega Cap 7 stocks. Particularly for the market’s new AI darling, NVDA. Outside the “Magnificent 7”, […]
If everybody retires, nobody retires What happens when two-thirds of your country’s population is old enough to quit working? When one in five is past age 75? When the average age of the whole population – including students, toddlers and newborn babies – is 50? In Japan, they’re not asking, “What happens?” They’re asking, “What […]
Time for an ‘insur-rection’? Your homeowners insurance premium went up this year. You must’ve seen that coming, though, because this expense has been climbing for quite some time. Sure, inflation has a hand in this, but other factors are driving the cost of rising insurance premiums sharply higher. And it’s not just homeowners insurance. We […]
Can you afford $100k/year healthcare? There’s a scene in 2007’s The Bucket List in which Jack Nicholson’s character, an older man with terminal lung cancer, returns to his hospital room weak and nauseated after a rough chemo treatment. “Somewhere,” he tells his reflection in the mirror, “some lucky guy’s having a heart attack.” Thanks to […]
As we’re sure you’ve heard, the National Association of Realtors recently agreed to a settlement that would lower its agents’ fees. While this will make buying or selling a home marginally less painful, America’s housing market remains a structural cluster bomb. Confining our focus to one aspect of this maddeningly complex system isn’t helpful. Yes, […]
Last month, we ran a take-no-prisoners piece on the Tech sector’s overhyped segments. So it’s only fair – now that we’ve warned you away from investing in companies just because they have a “gee-whiz” factor – that we take a look at some more compelling stories in that space. Artificial intelligence is a solid theme, […]
A year after it was first proposed, the Let Experienced Pilots Fly Act died quietly in committee. As we reported here, it “passed its first hurdle when the bill … cleared the House Transportation and Infrastructure Committee in June. The LEPF Act was filed as an amendment to the Federal Aviation Administration Reauthorization Act, which sailed […]
Smith Anglin Financial is proud to announce our achievement of being ranked in this year’s InvestmentNews’ Best Places to Work for Financial Advisors for the 6th year in a row. We are honored to be recognized for being a place where advisors feel they can do their best work. This accolade is reserved for companies […]
You can’t tell from the Nasdaq index, but a lot of leading-edge technology companies aren’t making money. Even though the Nasdaq, a tech-heavy stock price benchmark, soared 43% in 2023 – far outperforming the Dow and S&P 500 indices – self-driving vehicles have stalled, electric vehicles are on the fritz, and artificial intelligence still hasn’t […]
They say, “Any landing you can walk away from is a good landing.” Except at New York’s LaGuardia Airport. There they say, “Any landing you can swim way from …” And yet neither seems to be the standard for an economic soft landing touchdown. An overheated economy resulted in the highest inflation rate in a […]
