The S&P 500 just turned in its best first quarter since 2019

RobDownSouth

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The S&P 500 just turned in its best first quarter since 2019

Two of the "Magnificent Seven" Tech stocks stumbled after leading the pack last year. Apple shares fell 11% during the first quarter on worries about lackluster sales in China. Tesla shares declined 29.3%. Alphabet shares have gained 8% so far this year but are trailing behind robust double-digit gains from Nvidia, Meta, Microsoft and Amazon.

S&P actually outpaced the Nasdaq.


Gold prices are mysteriously soaring in a bull market, as is crypto.

There's something happening here....
 

The S&P 500 just turned in its best first quarter since 2019

Two of the "Magnificent Seven" Tech stocks stumbled after leading the pack last year. Apple shares fell 11% during the first quarter on worries about lackluster sales in China. Tesla shares declined 29.3%. Alphabet shares have gained 8% so far this year but are trailing behind robust double-digit gains from Nvidia, Meta, Microsoft and Amazon.

S&P actually outpaced the Nasdaq.


Gold prices are mysteriously soaring in a bull market, as is crypto.

There's something happening here....
It's called brains. Gold is a non-correlated asset, as such it eliminates counterparty risk. There’s no need to rely on a third party (like a bank or company) to fulfill its value. Unlike our fiat currency gold is a "finite" resource. Its supply is relatively stable and thus it retains its value against the ever increasing numbers of printed Dollars Joe insists on flooding the market with.
 
It's called brains. Gold is a non-correlated asset, as such it eliminates counterparty risk. There’s no need to rely on a third party (like a bank or company) to fulfill its value. Unlike our fiat currency gold is a "finite" resource. Its supply is relatively stable and thus it retains its value against the ever increasing numbers of printed Dollars Joe insists on flooding the market with.
lol another post showing you don't understand the subject matter. Gold is a decidedly speculative market (and derivative) . It's pricing is anything but "stable", it has peaks and valleys like any other "commodity". Aside from the intrinsic attachment people have with the rare metal. If it wasn't for the multitude of uses gold has, it's would be worthless in today's modern economy.
 
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