KWM - RATES DROP, Investor Psychology, and Inflation Reading - July 12th, 2024

Diversification can work, even when if feels like its losing. – Black Rock

Diversified portfolios usually take a lot of heat. They seem to always underperform. The chart by Black Rock below gives us a good idea of how they make up for it in the long run.

Big move in Rates

Wow, what a big drop in rates this week. All due to the inflation read and drop in weekly jobless claims. Mega caps dropped, and small and mid cap stocks took a leg higher. Below are a few charts in rates and information on the latest inflation read.

Three on Thursday – by First Trust

First Trust released a great piece covering the Federal Budget and Net Interest Payments on their debt. I have the full PDF attached for your review in detail. Below is one of the charts that caught my interest.

ANDREW M. B. KRITIKOS, CFP®

Information was developed by First Trust, an independent third party. The opinions of Brian S. Wesbury, Robert Stein and Strider Elass are independent from and not necessarily those of RJFS or Raymond James.