3/22/2024 ‘The Sails of this Investment Market’

Russell E. Towne | March 22, 2024

3/22/2024 ‘The Sails of this Investment Market’

Russell E. Towne | March 22, 2024 ‘The Sails of this Investment Market’

AUTHOR: TOWNEWEALTHMANAGEMENT.NET/BLOG 3/22/2024: Towne Wealth Management BLOG:

The Sails of this Investment Market

The Dow Jones Industrial Average is in striking distance of 40,000 points, which would be the highest level in its 128-year history, reports Quartz 3/21/2024. Amazingly, the Dow was at 32,417 just last 10/27/2023, rising, approximately, 7000 points over the last 4 1/2 months. In addition, the three major indexes closed at record highs this last Wednesday, 3/20/2024; And, it’s not just tech moving right now. How much rates will fall and when… are the driving forces this March. Further, a possible change this political year toward a more pro-business environment might be part of the torrents billowing the sails of this investment craft.

Let us see what ship glides into our ports next November;

A vessel with a glorious bounty…

would be a welcome sight.

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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.

Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.

The opinions expressed in this material do not necessarily reflect the views of LPL