Financial and Economic Updates by Marc Nonnenkamp
The most recent monthly update is on top, followed by archives going back to the first monthly update in December of 2011. Please join over 1.590 million visitors from 196 countries (speaking 154 languages) including 50 US States and visit our new website at www.financialecononomicupdate.com. Financial, Economic and Social Mood Update (April 1, 2024) The Dow Jones 30 Industrials Index hit a record nominal high of 39,889.05 and the NASDAQ Composite Index reached a record high of 15,538.86 on March 21, 2024. The S&P 500 Index hit a record nominal of high 5,264.85 on March 28, 2024. According to Elliott Wave technical analysis the stock market has never been so severely overly bullish or overbought. Nicholas Gerli of Reventure Consulting (an excellent YouTube channel about real estate investing with 502,000 subscribers) says something similar with respect not just to stock prices but to real property prices as well. Clayton & Natalie Morris (husband & wife veterans of Fox news) agree – their “Redacted” and “Morris Invest” channels have more than 2,547,000 subscribers. Many huge market…