Grab This Summer’s Hot Profit-Making Trends

by Mahdis Marzooghian
By Mahdis Marzooghian

We might just be able to get the Fed off our backs a little bit …

This, of course, is thanks to the latest Consumer Price Index, which showed year-over-year inflation for June sank to 3%, bringing it down to around March 2021 levels.

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If the trend continues, investors can catch their breath a little and focus on the profit-making trends as we head into the tail end of summer.

In fact, stocks rose on Friday, putting the Dow Jones Industrial Average on track for its 10th day of gains. The Dow was up around 0.2% on Thursday, while the S&P 500 added about 0.4% and the Nasdaq Composite rose over 0.7%.

As investors assess Q2 earnings season results so far, the market is starting to look ahead to Big Tech results this upcoming week, especially from Microsoft (MSFT).

And speaking of the Fed, all eyes will be on the central bank’s policy decision this Wednesday, centered on the chances of the U.S. economy avoiding a recession.

Though, as mentioned, the recent stream of promising data has shown that the economy is resilient in the face of the central bank's rate-hike campaign.

With things looking up, our analysts have got just the sizzling-hot trends in mind that could fatten your portfolio with gains. Let’s take a look …

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Until next time,

Mahdis Marzooghian

Managing Editor

Weiss Ratings Daily

About the Managing Editor

Mahdis is a Managing Editor for the traditional finance (TradFi) team of research analysts and senior editors at Weiss Ratings. 

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