By Matthew Gutierrez and Shawn O’Malley
Believe it or not, the S&P 500 has been in the green for 13 of the past 14 weeks, quite the run since Halloween. It’s the first such streak since 1985 — before we were born. 😅
And we know that a strong January for stocks bodes well for the remainder of the year. So, about one month through 2024, we’re keeping our eye on the S&P 500’s top performers, as shown below.
💭 Related, ICYMI: Fed Chair Jerome Powell hit on inflation, rate cuts, and economic strength in a fresh 60 Minutes interview. Notably, he said the Fed is wary of cutting rates too soon.
— Matthew & Shawn
Here’s today’s rundown:
Today, we'll discuss the three biggest stories in markets:
Why NYC apartment buildings are 50% off
What’s wrong with the Shiller Ratio?
Whether the $139 Amazon Prime subscription is worth it
All this, and more, in just 5 minutes to read.
POP QUIZ
Chart(s) of the Day
The S&P’s top stocks haven’t been this concentrated in 50 years
