Dow 40k, Now What? (Ep. 86)
Facts vs Feelings with Ryan Detrick & Sonu Varghese
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Facts vs Feelings with Ryan Detrick & Sonu Varghese
Dow 40k, Now What? (Ep. 86)
May 22, 2024
Carson Investment Research

As investors contemplate the significance of the Dow hitting 40,000, they are wondering about the market’s next moves.

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, chat about the Dow reaching 40,000, the implications for investors, and the broader market sentiment. They also touch on the current state of inflation, analyzing recent reports and their implications for the economy. 

Ryan and Sonu discuss: 

  • The milestone of the Dow reaching 40,000 and its historical significance
  • The role of earnings growth and market multiples in driving the recent market rally
  • The importance of momentum and breadth in the current market rally
  • The outlook for the stock market given the current economic indicators and historical trends
  • The latest inflation reports and their impact on the market
  • The Fed’s target for core PC inflation and market expectations
  • And more!


Resources:

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