Fireworks on Wall Street
Hey everyone. Quick note before the holiday:
The S&P 500 and Nasdaq just notched fresh all-time highs heading into the July 4th weekend.
That’s despite wars, uncertainty, sticky inflation, persistent geopolitical fears, and a tariff selloff panic just ~90 days ago. If you had read only the headlines this year, you’d probably assume markets were down, likely way down. Yet here we are, with many Americans’ retirement accounts sitting at all-time highs.
The benefits of a soaring stock market? More Americans can retire when they want. More can buy a home, go on a family trip, pay for college without crushing debt, or start a business they’ve been dreaming about.
A rising market doesn’t just lift portfolios…it expands possibilities and empowers everyday people.
Back in the spring, I reminded everyone to keep their eyes on the big picture. Every dip so far in stock market history has been a buying opportunity. And more often than not, stocks keep marching higher, regardless of who’s in the White House or what’s dominating the news cycle. The past few months were just the latest example.
Bitcoin is also on fire, hovering near its own all-time highs.
It’s a powerful reminder of an old investing truth: the market climbs a wall of worry.
Yes, risks are real. But so is the resilience of the U.S. economy, corporate earnings, and investor psychology. While short-term narratives shift, from AI booms to interest rate bets, the long-term trajectory continues to reward those who stay the course.
Markets don’t wait for clarity. They move ahead of it.
So this holiday weekend, kick back. Enjoy the fireworks, and family time outside at barbecues…And appreciate the benefits of being an investor, of staying invested, staying steady, and tuning out the noise.
Cheers to that this holiday weekend!
-Matthew