FRBK - 3 Predictions For Summer

2024-05-14 15:03:34 ET

Summary

• The markets are some one percent within all-time highs on the S&P 500 despite still high interest rates and inflation remaining stubbornly 'sticky'
• Investors appear to be overlooking numerous risks on the economic, credit and geopolitical fronts currently.
• Given this, I present three predictions for the summer that could cause increased volatility and result in lower entry points for equities in the paragraphs below.

My apologies to my Northeastern friends, Seeking Alpha followers, and others in the country that actually enjoy all four seasons during the year. However, in Delray Beach, Florida, we only have two seasons: Summer and Non-Summer. And now that temperatures have gone over 90 degrees, the snowbirds have left and barely a Jersey accent can be heard in my favorite local haunts: we have definitely entered the former. Therefore, today I present three predictions for the markets for this coming summer, with the S&P 500 (SP500) near all-time highs....

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