Market Analysis - 09 June 2024

-

 Hello McFinancers! This week’s market analysis.

Latest Market Analysis

Index / Item

Last Weeks Price

This Weeks Price

Change

S&P 500 1

$5,280

$5,346

1.25%

Dow Jones 1

$38,706

$38,795

0.23%

Nasdaq 1

$16,739

$17,132

2.35%

Bitcoin 1

$67,628

$71,051

1.3%

Ethereum 1

$3,790

$3,797

0.18%

Gold 1

$2,348

$2,306

1.79%

Silver 1

$30.52

$29.30

4%

USD CPI Rate 2

2.68%

2.19%

18.28%

Overall: Join today to learn more!

Investing Ideas

09 June 2024: Join today to learn more!

Join Today!

Join our newsletter to get more investing insight:

  1. More updates on the market with an analysis of what it means for investors to help you stay ahead.

  2. How-To Guides to help walk you through trades, staking, or other investments.

  3. Access to all published books by McFinance for FREE.

  4. Weekly investing ideas.

* Investing can be unpredictable and volatile. Investors should always do proper due diligence to determine if assets are right for them. We are not licensed tax or financial professionals.

1 Prices are taken at 4 PM Eastern Time on Friday afternoon

2 CPI Rate is provided by Truflation

Comments

Post a Comment

Popular posts from this blog

The Latest News - Increase Escalations In The Middle East

-
 Hello McFinancers! The latest in financial news: The recent increased escalation between Israel and Iran, Bank of America outage causes accounts to go to $0, and the latest numbers from US job reports Iran and Israel Escalated Actions This week, tensions between Israel and Hezbollah escalated dramatically. Israel conducted a limited ground incursion into southern Lebanon and launched airstrikes on central Beirut, marking a significant shift in its military focus. The strikes targeted Hezbollah and killed nine people, including seven medics. In retaliation for the assassination of Hezbollah leader Hassan Nasrallah, Iran fired approximately 200 ballistic missiles at Israel, resulting in one fatality. Israel also issued evacuation orders for over 100 villages in southern Lebanon, raising fears of a broader military operation. Amid ongoing clashes, Iranian Supreme Leader Ayatollah Khamenei warned of potential future attacks on Israel, signaling a deepening conflict in the region. Isra...
Read more

Market Analysis - 13 October

-
Image
Hello McFinancers! This week’s market analysis. Latest Market Analysis Overall : Currently, the markets are displaying a relatively flat trajectory, reflecting a period of stability. Notably, there hasn’t been any significant news regarding the ongoing conflicts in Ukraine or the Middle East that might incite fear or volatility among investors. However, with the upcoming U.S. presidential election, we can anticipate potential fluctuations in market behavior as the markets react to the new president and their economic policies. Renowned financial author Robert Kiyosaki has warned about the risk of an “Everything Bubble,” which he predicts could burst causing a dramatic drop in prices, leading to substantial declines across various asset classes. It’s crucial to remain aware of the ever-present possibility of a recession or bubbles. This underscores the importance of diversifying your investment portfolio across different asset classes; such diversification allows for the possibility of ...
Read more

The Latest News - Presidental Candidate Trump's New Tax Reform

-
Hello McFinancers! The latest in financial news: Proposed tax reforms by presidential candidate Donald Trump look to exempt over 93 million Americans from income taxes, the rise of Polymarket and the idea of predictive markets, and a rise in the Bitcoin vs. Dollar debate. A Word From Our Sponsor: Hard Asset Alliance is a prominent and reputable platform in the world of hard asset investing. As an organization, they specialize in providing individuals and institutional investors with a secure and straightforward way to access a diverse range of tangible assets, such as precious metals like gold, silver, and other commodities. With a strong focus on transparency, reliability, and expert guidance, Hard Asset Alliance empowers investors to diversify their portfolios effectively and protect their wealth against economic uncertainties. Trump’s New Tax Plan Donald Trump’s proposed tax reforms could exempt over 93 million Americans from income taxes, a move that would affect nearly 38% of eli...
Read more