Bloomberg Surveillance Bloomberg Surveillance TV: December 23, 2024
Dec 23, 2024
Michael O'Rourke, an analyst at Jones Trading, advises caution when considering the S&P 500, highlighting the complexities of market dynamics. Clint Henderson from The Points Guy shares that travelers are venturing further and longer this holiday season, and he suggests seeking international travel deals. They also touch on changing behaviors in the real estate market and the potential impact of upcoming economic forecasts on consumer habits.
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Selective Stock Investments
- Be selective in your stock investments.
- Consider the S&P 500 equal weight, which trades at a discount to the S&P 500.
Post-Election Market Euphoria
- The post-election stock market rally is based on optimism about spending cuts, deregulation, tax cuts, and GDP growth.
- Achieving these goals will be challenging and volatile due to political realities.
Tesla and the Trump Trade
- Tesla's stock surge is tied to Elon Musk's relationship with Trump, but Musk's other ventures could also benefit.
- Betting solely on Tesla is a risky, short-sighted approach.