Nick Hopwood, Trump shot, futures go up sunday night | Biden drops out, futures go up Sunday night

Nick Hopwood, Certified Financial Planner, Founder at Peak Wealth Mgmt, manages over $300 million, has been in the business for 25 years. PeakWM.com.

 

1. trump shot, futures go up sunday night. Biden drops

out, futures go up Sunday night.

2. Small caps up 10% in 10 days, sell off in big tech,

rotation is happening. Market Cap S&P 500 vs S&P equal

weight index gap is biggest since march of 2000.

3. inflation at 3.0 finally and the market now expects the

Fed to cut in September.

4. Home appreciation - Ive been getting a lot of questions

like this from our california, new york, florida, and DC

clients - if I sell your home with a gain, do I owe capital

gains tax on the gains?

5. august and september are the worst months

seasonally