Review the latest Weekly Headings by CIO Larry Adam.
Key Takeaways
Record Heat Wave! A ferocious heat dome is expected to bring record breaking temperatures to much of the Midwest and Northeast this week. The first summer heat wave will surely be a scorcher—with weather forecasters anticipating that over 265 million people across the US will experience 90 degree or higher temperatures! And the weather is not the only thing breaking records these days, the stock market has been on a tear too—racking up 31 record highs this year, its best start to the year since 2019 and the best start to a reelection year ever! After the S&P 500’s incredible run—up 57% from its October 2022 lows and with an election on the horizon, its normal for investors to wonder whether to take some chips off the table or hold off on investing to see what happens. Here are three reasons why you should remain invested:
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