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June 2024 Market Commentary: Analysts Recognizing Increasing Signs of Weakness.
Historically, the Dow Jones Industrial Average Index and S&P 500 Index (“S&P 500”) end their best six months at the end of April, the Nasdaq best eight months still run through June. Recently, many analysts recognize increasing signs of weakness.
This year the deployment of generative Artificial Intelligence (AI) across enterprises, governments, and other organizations is accelerating the growth of a much broader segment of our economy which should help cushion any serious market correction.
Our June 2024 Market Commentary provided by Derwood S. Chase, Jr. Founder & Chairman Emeritus.