What do Citigroup, JP Morgan, JB Hunt Trucking, and Blackrock have in common?
All have recently reported earnings above analysts’ expectations and are trading at, or close to, their all-time highs.
At the same time, Tuesday’s inflation report came in a little better than expected (annualized, according to CNBC, inflation is running at less than 3%)!
What do we make of all of this? Maybe this is why the market only paused briefly when President Trump first announced Tariffs a few months ago. This is why we should probably pay less attention to background noise and more attention to how businesses are adjusting, and continue to adjust, to uncertainties.
Am I suggesting an investor go “all in” to equities at this time? Hardly. It’s always prudent to move at a careful pace. However, the one thing that continues to be factual is that the shares of great publically traded companies in America tend to rise over time. It’s undeniable (the proof is in the pudding: the S&P 500 just notched another new high in the last few days, as did the NASDAQ)…
Equities may not be for everyone; but, it sure seems to make sense for those looking to invest for the long haul.
Not sure about how your assets should be allocated? Either call or reply back to this email and it would be my pleasure to review this with you.
All the best,
Scott
P.S. Even if you are comfortable with your holdings, you may know of someone that could use some help – do not hesitate to call on us for that help.