tdubel
Lieutenant Colonel
- Joined
- Jan 18, 2007
- Messages
- 7,441
I know this will sound cynical, but if it isn't one thing it is another that causes short term market vibrations.Yes...it's fun to look at my portfolio again...
Nearly 80% of S&P 500 companies reporting so far in Q2 2026 have beaten earnings expectations, marking a sustained period of double-digit growth.
The tech-heavy Nasdaq and S&P 500 are rising on the back of massive investments in artificial intelligence, with chipmakers experiencing immense demand. Specific semiconductor stocks have driven significant gains.
Despite fears of even higher inflation, consumer spending remains strong and the economy is not as sensitive to energy price shocks as in previous cycles.
I can only imagine what the market might be at if we were not involved in a costly war...excessive government spending...gas prices had not escalated so much...the current inflation rate...and potential impacts from new tariffs and broader geopolitical tensions...
On another note, don't worry, gas was going up this time anyhow (as it always does), the demand of the summer traveler............................or at least that is what the news reports annually.
Tom
