The Bro Billionaire Basket of Stocks Leads a New Bull Stampede
Description
As trade tensions ease and the headline economic data eases recession fears, a new bull market is picking up speed led by what Bank of America Securities calls the "Bro Billionaire Basket of Stocks", including Palantir, Nvidia, Coinbase and Bitcoin. Proximity to power is everything under this administration and in this stock market, and offenders like Tesla get punished when they cross the lines at Pennsylvania Ave. Plus, Silver prices hit a 13-year high as the Gold to Silver ratio narrows, signaling a new bull market in commodities, especially if the tariff truces stick.
LINKS for show notes:
https://www.carsongroup.com/insights/blog/author/rdetrick/
https://www.investopedia.com/what-to-expect-in-markets-this-week-may-inflation-data-apple-conference-gamestop-earnings-11749224https://www.investopedia.com/terms/g/gold-silver-ratio.asp
https://www.vandaresearch.com/news/
https://www.investopedia.com/u-s-china-to-meet-for-trade-talks-monday-11749945
https://www.investopedia.com/apple-big-developers-event-kicks-off-monday-what-you-need-to-know-11747463
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