Kevin Mahn: Takeaways from Recent Market Volatility

We believe the market has gotten ahead of itself in 2024, notes Kevin Mahn. He discusses the takeaways from recent market volatility. He talks about how the Magnificent 7 stocks are accounting for “just” 36% of the stock market’s return. He highlights that more short-term bouts of volatility ahead are likely as a result until the Fed embarks on its rate cutting campaign. Tune in to find out more about the stock market today.

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Disclosure: Hennion & Walsh Asset Management currently has allocations within its managed money program, and Hennion & Walsh currently has allocations within certain SmartTrust® Unit Investment Trusts (UITs), consistent with several of the investment areas discussed during this interview.