Senior Wealth Advisor Kevin O’Regan, CFP® CIMA® shared his 2024 Mid-Year Outlook and discussed how he believes the key to perseverance in a challenging market is diversification.
Over time as inflation and interest rates normalize, our belief is that the market will begin to broaden. While the market has been dominated by the now famous “Magnificent 7” stocks for the better part of 2023 and first half of 2024, we see a significant opportunity in small and mid-cap equities domestically, as their relative valuations to the large-cap segment of the market sit at near historic-lows going back to the tech bubble.
Read his full WealthManagement.com outlook here: https://bit.ly/4cscgSd