‘6/17/2025 ‘A Wall of Woe’
A Wall of Woe
Israel’s attacks on Iran’s nuclear capacity, combined with Iran’s air response last week, showed the S&P 500 falling 0.6%, while the Nasdaq Composite dropped 1%, reports Yahoo Finance 6/15/2025. The Dow Jones Industrial Average, in line with the broader markets, fell 1.3%. Additionally, on Friday, West Texas Intermediate futures lifted to $73, with speculation that the price may go higher if the conflict extends. Nevertheless, with calming market swings resulting from trade issues, Michael Hartnett, Bank of America Global Research chief investment strategist, stated in a note to clients on June 13 that there may be an opportunity for “stock bulls"…
as long as the increase in oil prices is…
"short-lived."
As it has been said many times,
‘The Bull Market climbs a Wall Woe!!!’
_______________________________________
Remember
“Follow the Investment Trends”
With
Wave and Wind
Only available through
Towne Scherer Private Wealth Management
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.