July 2025
Well, I think the bargaining chips worked out…. (The threat of tariffs- see last quarter’s commentary.) The market has been very happy for the last couple of months.
For all the tariff drama, you would have thought the world was coming to an end, but it hasn’t, we’re still here. And the market is fine, hitting new record highs…..
Some of our research vendors have pointed out some interesting statistics. Mainly when the market has a pullback like we saw in April and then gets back to new highs so quickly, a year later the market has been substantially higher. Now this stat has worked out every time, but there can always be an anomaly, and it might not work at all.
So, we said to ignore the news and it worked out fine. Moving forward, I think we have great potential for the next 12 months. We don’t know for sure, but I think the way the market has been able to put the drama behind, bodes well for us.
Please call if you have any questions or concerns.
Laurence E Menna, CFP®, AIF®
Financial Advisor
“This commentary reflects the personal opinions, viewpoints and analyses of the WealthTarget Investment Advisors, LLC employees providing such comments and should not be regarded as a description of advisory services provided by WealthTarget Investment Advisors, LLC or performance returns of any WealthTarget Investment Advisors, LLC client. Investments in securities involve the risk of loss. Past performance is no guarantee of future returns.”