Why the Market is Rising, Despite the Economy Slowing

3 months ago
1.72K

The S&P 500 just hit a new record high, and this stock market rally has continued, despite the economy slowing down. The latest stock market news shows AI hype continues to be strong, pushing the Magnificent 7 stocks higher. But the 2024 economic outlook is indicating an economic slowdown in 2024. And hopes of the Federal Reserve cutting interest rates in March is starting to wane also. So why do stocks continue to rally in 2024? If you want to know why the market is rising, look no further than market psychology. Investors are greed, only looking at the good news, and ignoring the bad news. But as Warren Buffet famously said, "Be fearful when others are greedy."

*FREE STUFF*
https://weprofit.io

👑 Discord Trade Alerts with Stock Dads 👑
https://weprofit.io/discord

💥 Easy Beginner Course - Fast Track to Trading Success 💥
https://weprofit.io/courses

💲Kalshi💲
Trade Event Contracts
Get $15 in Cash when you deposit $50 and make 1 trade
https://weprofit.io/kalshi

✴️ Moomoo ✴️

🇺🇸 - UNITED STATES ▶ https://weprofit.io/moomoo
🇺🇸 - 5 Free Stocks when you deposit $100
🇺🇸 - 15 Free Stocks when you deposit $1,000
🇺🇸 - PLUS earn 5.1% APY on uninvested cash

🇨🇦 - CANADA ▶ https://weprofit.io/moomooca
🇨🇦 - Free gifts just for registering (no deposit required)

🇦🇺 - AUSTRALIA ▶ https://weprofit.io/moomooau
🇦🇺 - $110 cash when you deposit $1,000

🇸🇬 - SINGAPORE ▶ https://weprofit.io/moomoosg
🇸🇬 - 1 Free Share of Amazon when you deposit $2,700

🔹 Webull 🔹
🇺🇸 - UNITED STATES ▶ https://weprofit.io/webull
🇺🇸 - Up to 12 free stocks when you deposit any amount

🇬🇧 - UK ▶ http://weprofit.io/webulluk
🇬🇧 - 90 days of commission-free trading, plus 1 month of free Level 2 data
UK Disclaimer: Your capital is at risk. You may lose money on your investments.

🤑 MILLIONAIRE CLUB 🤑
Portfolio - https://weprofit.io/millionaire
Videos - https://www.youtube.com/playlist?list=PL1p0qkChc1-nC4W5H6NyZPPBvx1VB3i0H

Join this channel to get access to perks:
https://www.youtube.com/channel/UCxFRGG-_23Kqxe0YexDc1eg/join

-------------------------------------------------------------------------------------------

*ABOUT STOCK CURRY*

Website - https://weprofit.io/
Twitter - https://twitter.com/RealScottCurry
Stocktwits - https://stocktwits.com/RealScottCurry
TikTok - https://tiktok.com/@realscottcurry
Instagram - https://www.instagram.com/therealscottcurry/
YouTube (Stocks) - https://youtube.com/StockCurry
YouTube (Personal Finance) - https://youtube.com/TalentsOfWealth
Rumble (Stocks) - https://rumble.com/stockcurry/
Rumble (Personal Finance) - https://rumble.com/c/c-1293624

-------------------------------------------------------------------------------------------

*CHAPTERS*

00:00 - Stock Market 2008 vs Now
02:15 - Why the Stock Market Continues to Rally
07:50 - Where the Economy is Slowing Down
08:15 - The Labor Market is Slowing Down
08:36 - Jobs are Disappearing
10:11 - GDP Slowdown Expected in Q4
11:14 - Consumers Are Struggling
12:55 - Buy Now, Pay Later is Destorying People
13:59 - Why the Official Economic Data Doesn't Show a Slowdown
15:07 - Why the Market is Rising, Despite the Economy Slowing

Stocks Discussed in This Video:
NVDA, AMD

#stockmarket #stocks #stockmarketnews #stockmarketcrash #investing #investment #invest #investor #investments #investors #federalreserve #fomc #fomo #recession #recession2024

-------------------------------------------------------------------------------------------

Scott Curry is not a financial advisor. Nothing on this channel is to be construed as financial advice. No speech, text, images, or other conveyance of information is a recommendation to buy, sell, or hold any asset. All speech text, images, and other conveyance of information is just Scott Curry's opinions, which may or may not be accurate. Please do your own research before investing in any asset.

Scott Curry has material connections with most of the links on this channel. Please read the full disclosure here: https://weprofit.io/disclosures

All music used under commercial license. All other content copyright Severe Videos, LLC (severevideosllc.com), all rights reserved.

Loading 2 comments...