{"id":5261,"date":"2024-06-30T21:57:44","date_gmt":"2024-07-01T01:57:44","guid":{"rendered":"https:\/\/envisionco.net\/?p=5261"},"modified":"2024-06-30T21:57:44","modified_gmt":"2024-07-01T01:57:44","slug":"week-ending-6-29-2024","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=5261","title":{"rendered":"Week Ending 6\/29\/2024"},"content":{"rendered":"<p>MARKET RECAP<\/p>\n<ul>\n<li>The S&amp;P 500 was up 14% in the first half of the year led by Nvdia, +149%. NVDA accounted for 30% of the return. The market managed an increase despite the expectation of multiple interest rate cuts never happening. The rally was powered by excitement about AI. Meanwhile, the equal-weighted index was only up 4.1%.<\/li>\n<li>Nike fell 20% on Friday on a disappointing outlook.<\/li>\n<li>The market cap of S&amp;P 500 companies increased by $6 trillion in the first half of this year, the biggest gain ever for the first half of a year.<\/li>\n<li>Personal-consumption expenditures index was up 2.6% in May compared to a year earlier, the lowest reading since 2021.<\/li>\n<li>Britain goes to the polls next week, and a pre-election poll shows that 65% of Brits say that leaving the EU was the wrong decision. Something we wrote about at the time. 15% said the benefits were greater than the costs. Goldman Sachs says that the British economy is 5% smaller now than it would have been had they stayed in the EU.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>MARKET RECAP The S&amp;P 500 was up 14% in the first half of the year led by Nvdia, +149%. NVDA accounted for 30% of the return. The market managed an increase despite the expectation of multiple interest rate cuts never &hellip; <a href=\"https:\/\/envisionco.net\/?p=5261\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1893,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5261","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1893"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5261"}],"version-history":[{"count":2,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5261\/revisions"}],"predecessor-version":[{"id":5263,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5261\/revisions\/5263"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}