The Market Hit Records Again. So Why Doesn't Your Portfolio Feel Like It?
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The Market Hit Records Again. So Why Doesn't Your Portfolio Feel Like It?
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The S&P 500 returned 5.3% in May. Strip out technology and the rest of the index was slightly negative. The equal-weight version of the same 500 companies returned 2% to 3%. The gap between the headline number and what most portfolios actually experienced was one of the widest in recent memory — and it tells you something important about the rally we're in.
Matt and Garrett get into what's driving it, what it means for investors, and whether the strength you're seeing in the headlines is as broad as it looks. Plus the strongest earnings season since 2021, a consumer warning sign worth paying attention to, and the honest bull and bear cases for June.
Good Returns is for educational purposes only and is not individual financial, tax, or legal advice. Momentum Wealth is a registered investment advisor.