Magnificent Seven

Weekly Update

Market Rally Continues To Broaden – A Very Positive Sign

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Published October 18, 2024

 

The hallmark of a strong market rally is sector rotation. Over the past couple of months, we have seen just such rotation as the rally baton gets passed from one sector to another, then back again. After months of leadership from the Magnificent Seven tech/consumer stocks, this summer saw the rally baton passed to almost all the other market sectors – everything from industrials to typically defensive consumer staples stocks found buyers.

The past couple of weeks have seen some new, and important, faces join the rally parade. (more…)

Weekly Update

A New Industrial Revolution?

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Published March 15, 2024

 

Below we provide a recent report from Delta Research putting some of the current market events in a broader context.  Enjoy!

“U.S. share of global equity value has risen to 50%.  The U.S., with a population of about 332 million people, has created half of all equity wealth in a world of 7.9 billion people.  If this does not indicate capitalism works better than socialism and communism, it is hard to image what would. (more…)