July 4th alcohol sales, mortgage rates, investing in CDs: Wealth!

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4Th Of July Celebrations News

Alcohol Sales,Dana D'auria,Mortgage Rates

On today's episode of Wealth!, Host Brad Smith breaks down key finance stories, from the AI race to alcohol sales ahead of 4th of July celebrations. The AI...

The AI craze has dominated markets in the first half of 2024, and Envestnet co-chief investment officer Dana D'Auria joins the show to give insight into its momentum. D'Auria argues that

As interest rates remain high and Wall Street waits on the Federal Reserve to cut rates, Curinos head of wealth Korrynn Baltzersen explains. She notes that historically when the Federal Reserve has started cutting interest rates,"that's when the market outperformance led more investors into the market versus keeping that money in cash.

A divergence in the stock market is now the biggest it’s ever been, signaling more vulnerability ahead, economist says

 

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