{"id":2171,"date":"2024-03-04T17:57:57","date_gmt":"2024-03-04T21:57:57","guid":{"rendered":"https:\/\/wellspringwealth.com\/?p=2171"},"modified":"2024-03-04T17:57:57","modified_gmt":"2024-03-04T21:57:57","slug":"weekly-market-commentary-the-bull-market-is-alive-and-well","status":"publish","type":"post","link":"https:\/\/wellspringwealth.com\/2024\/03\/04\/weekly-market-commentary-the-bull-market-is-alive-and-well\/","title":{"rendered":"Weekly Market Commentary \u2013 The bull market is alive and well."},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p><span style=\"color: #008000;\"><strong>The Markets<\/strong><\/span><\/p>\n<p>The bull market is alive and well.<\/p>\n<p>\u201cWe know what investors are thinking,\u201d reported Jacob Sonenshine of <em>Barron\u2019s<\/em>. \u201cThe gains can keep coming, driven by an economy that is neither too hot nor too cold\u2026The economy is growing, but only moderately, and the Federal Reserve can keep thinking about when it can start cutting interest rates\u2026This dynamic is why nobody wants to miss out on the rally\u2014and why they think it can keep going. A recent survey from Investors Intelligence shows the number of bulls outnumbered their bearish counterparts by the widest margin since late 2021.\u201d<\/p>\n<p>Recent market performance owes much to:<\/p>\n<ul>\n<li><strong>Solid earnings growth and strong corporate profits<\/strong>. Last week, 97 percent of the companies in the Standard &amp; Poor\u2019s 500 Index had shared how well they performed in the fourth quarter of 2023. Overall, blended earnings for companies in the Index grew 4 percent year-over-year, exceeding expectations. Blended net profits were stable at 11.2 percent year-over-year, reported John Butters of FactSet.<\/li>\n<li><strong>Slowing Inflation<\/strong>. Last week, one of the Fed\u2019s favorite inflation gauges, the personal consumption expenditures (PCE) price index, showed inflation moved lower year-over-year. Prices rose 2.6 percent over the 12 months through December 2023 and 2.4 percent over the 12 months through January 2024. While inflation trended lower over the longer period, it increased month-to-month. In December 2023, prices rose 0.1 percent, and in January 2024, prices rose 0.3 percent.<\/li>\n<li><strong>Enthusiasm for artificial intelligence (AI)<\/strong>. Investors expect AI to boost productivity and corporate earnings. \u201cInnovations in electricity and personal computers unleashed investment booms of as much as 2% of U.S. GDP as the technologies were adopted into the broader economy. Now, investment in artificial intelligence is ramping up quickly and could eventually have an even bigger impact on [economic growth],\u201d reported Goldman Sachs.<\/li>\n<\/ul>\n<p>Last week, the Standard &amp; Poor\u2019s 500 and Nasdaq Composite Indices closed at record highs, while the Dow Jones Industrial Average retreated. All three indices finished February with gains, reported Chuck Mikolajczak of Reuters. The U.S. Treasury market rallied with yields falling for all but the shortest maturity of Treasuries.<\/p>\n<table border=\"\u201d1\u201d\" cellspacing=\"\u201d0\u201d\" cellpadding=\"\u201d3\u201d\">\n<tbody>\n<tr>\n<td width=\"246\"><strong>Data as of 3\/1\/24<\/strong><\/td>\n<td width=\"66\"><strong>1-Week<\/strong><\/td>\n<td width=\"66\"><strong>YTD<\/strong><\/td>\n<td width=\"66\"><strong>1-Year<\/strong><\/td>\n<td width=\"60\"><strong>3-Year<\/strong><\/td>\n<td width=\"60\"><strong>5-Year<\/strong><\/td>\n<td width=\"72\"><strong>10-Year<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Standard &amp; Poor&#8217;s 500 Index<\/td>\n<td width=\"66\">1.0%<\/td>\n<td width=\"66\">7.7%<\/td>\n<td width=\"66\">30.0%<\/td>\n<td width=\"60\">9.6%<\/td>\n<td width=\"60\">12.9%<\/td>\n<td width=\"72\">10.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Dow Jones Global ex-U.S. Index<\/td>\n<td width=\"66\">0.4<\/td>\n<td width=\"66\">2.0<\/td>\n<td width=\"66\">9.8<\/td>\n<td width=\"60\">-1.7<\/td>\n<td width=\"60\">3.1<\/td>\n<td width=\"72\">1.9<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">10-year Treasury Note (yield only)<\/td>\n<td width=\"66\">4.2<\/td>\n<td width=\"66\">N\/A<\/td>\n<td width=\"66\">4.0<\/td>\n<td width=\"60\">1.5<\/td>\n<td width=\"60\">2.8<\/td>\n<td width=\"72\">2.6<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Gold (per ounce)<\/td>\n<td width=\"66\">1.1<\/td>\n<td width=\"66\">-1.4<\/td>\n<td width=\"66\">11.3<\/td>\n<td width=\"60\">5.7<\/td>\n<td width=\"60\">9.3<\/td>\n<td width=\"72\">4.3<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Bloomberg Commodity Index<\/td>\n<td width=\"66\">1.9<\/td>\n<td width=\"66\">-1.5<\/td>\n<td width=\"66\">-9.4<\/td>\n<td width=\"60\">4.7<\/td>\n<td width=\"60\">3.7<\/td>\n<td width=\"72\">-3.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>S&amp;P 500, Dow Jones Global ex-US, Gold, Bloomberg Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized; and the 10-year Treasury Note is simply the yield at the close of the day on each of the historical time periods. Sources: Yahoo! Finance; MarketWatch; djindexes.com; U.S. Treasury; London Bullion Market Association. Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. N\/A means not applicable.<strong>\u00a0<\/strong><\/p>\n<p><span style=\"color: #008000;\"><strong>PRINTING HOUSES ON THE MOON. <\/strong><\/span><\/p>\n<p>For decades, Star Trek and its many spinoffs told tales of space travel. In that fictional universe, the Starfleet explored space at the behest of an interstellar government following the rules and laws of that government.<br \/>\nFor many years, actual space exploration fell under the purview of governments, too. However, that has been changing. Today, space is a rapidly growing private sector endeavor. Estimates suggest the private space industry could be valued at $770 billion by 2027, reported Reuters.<br \/>\nIn the next decade or so, we may see:<\/p>\n<ul>\n<li><strong>Direct-to-device satellite programs<\/strong>. \u201cIntegrating satellite and terrestrial mobile networks could unlock new revenue for the satellite, semiconductor, and telecom industries,\u201d wrote David Jarvis and colleagues in Deloitte Insights. \u201c\u2026this technology does not compete with terrestrial cellular services from mobile network operators. It provides limited connectivity in areas where there is no terrestrial cellular coverage.\u201d (Extraterrestrial service is not yet available.)<\/li>\n<\/ul>\n<ul>\n<li><strong>Growth of the Low Earth Orbit (LEO) economy<\/strong>. An early area of growth in the space economy is expected to take place 99 to 1,200 miles above the Earth in what\u2019s known as LEO. According to Deloitte, \u201c\u2026the industry can be dissected into six broad market segments that encompass specific commercial activities.\u201d The segments include infrastructure, services, on-orbit research and development, on-orbit manufacturing, space tourism, and media, entertainment and advertising.<\/li>\n<\/ul>\n<ul>\n<li><strong>Habitable communities on the moon by 2040<\/strong>. \u201cIn the vast expanse of the cosmos, a visionary dream is becoming a reality: homes on the moon, an audacious endeavor spearheaded by NASA. This cosmic ambition\u2026is now hurtling towards reality, fueled by cutting-edge technology, innovation, and unyielding determination&#8230;Imagine houses emerging from the moon\u2019s surface\u2026crafted from the very rock chips and mineral fragments that define the moon&#8217;s rugged terrain. How, you may understandably ask? With 3D printers,\u201d reported <em>Architectural Digest<\/em>.<\/li>\n<\/ul>\n<p>The growing space industry will create opportunities for investors \u2013 and for new graduates who can pursue careers related to space in the private industry, as well as within governments.<\/p>\n<p><span style=\"color: #008000;\"><strong>Weekly Focus \u2013 Think About It \u00a0<\/strong><\/span><\/p>\n<p>\u201cLive long and prosper.\u201d<\/p>\n<p style=\"text-align: right;\"><em>\u2014Dr. Spock, Fictional Star Trek character <\/em><\/p>\n<\/div><div class=\"fusion-text fusion-text-2\"><p>Sincerely,<br \/>\nYour Team at Wellspring Wealth<\/p>\n<\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-0 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth fusion-column-first\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"DavidGlover_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DavidGlover_2018.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DavidGlover_2018-200x300.png\" alt class=\"lazyload img-responsive wp-image-431\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DavidGlover_2018-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DavidGlover_2018.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-3\"><p>David Glover<br \/>\nAIF\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-1 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-2 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"DennisWright_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DennisWright_2018.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DennisWright_2018-200x300.png\" alt class=\"lazyload img-responsive wp-image-432\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DennisWright_2018-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DennisWright_2018.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-4\"><p>Dennis Wright<br \/>\nAEP\u00ae, ChFC\u00ae, CLU\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-2 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-3 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"MarkWinston_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/MarkWinston_2018.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/MarkWinston_2018-200x300.png\" alt class=\"lazyload img-responsive wp-image-435\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/MarkWinston_2018-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/MarkWinston_2018.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-5\"><p>Mark Winston<br \/>\nCFP\u00ae, AIF\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-3 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-4 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"AndrewWright_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/04\/AndrewWright_2018.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/04\/AndrewWright_2018-200x300.png\" alt class=\"lazyload img-responsive wp-image-467\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/04\/AndrewWright_2018-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/04\/AndrewWright_2018.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-6\"><p>Andrew Wright<br \/>\nCFP\u00ae, AIF\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-4 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-5 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"ValeriBishop_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/05\/ValeriBishop_2018-1.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/05\/ValeriBishop_2018-1-200x300.png\" alt class=\"lazyload img-responsive wp-image-529\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/05\/ValeriBishop_2018-1-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/05\/ValeriBishop_2018-1.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-7\"><p>Valeri Bishop<br \/>\nAIF\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-5 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth fusion-column-last\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-6 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"Head shot WMC\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27200%27%20height%3D%27299%27%20viewBox%3D%270%200%20200%20299%27%3E%3Crect%20width%3D%27200%27%20height%3D%27299%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2022\/03\/Head-shot-WMC-200x300.jpg\" alt class=\"lazyload img-responsive wp-image-1536\"\/><\/span><\/div><div class=\"fusion-text fusion-text-8\"><p>Dan O&#8217;Rourke<br \/>\nCFP\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;width:100%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;border-color:#e0dede;border-top-width:1px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-9\"><p><strong>Sources:<\/strong><\/p>\n<div style=\"font-size: 9pt;\">\n<p><a href=\"https:\/\/www.barrons.com\/articles\/apple-stock-bull-market-down-fomo-ca9ae69f?refsec=the-trader&amp;mod=topics_the-trader\">https:\/\/www.barrons.com\/articles\/apple-stock-bull-market-down-fomo-ca9ae69f?refsec=the-trader&amp;mod=topics_the-trader<\/a> (<em>or go to<\/em> <a href=\"https:\/\/resources.carsongroup.com\/hubfs\/WMC-Source\/2024\/03-04-24_Barrons_How%20Apple%20Could%20Finally%20Drive%20This%20Bull%20Market%20Down_1.pdf\">https:\/\/resources.carsongroup.com\/hubfs\/WMC-Source\/2024\/03-04-24_Barrons_How%20Apple%20Could%20Finally%20Drive%20This%20Bull%20Market%20Down_1.pdf<\/a>)<\/p>\n<p><a href=\"https:\/\/advantage.factset.com\/hubfs\/Website\/Resources%20Section\/Research%20Desk\/Earnings%20Insight\/EarningsInsight_030124.pdf\">https:\/\/advantage.factset.com\/hubfs\/Website\/Resources%20Section\/Research%20Desk\/Earnings%20Insight\/EarningsInsight_030124.pdf<\/a><\/p>\n<p><a href=\"https:\/\/www.bea.gov\/news\/2024\/personal-income-and-outlays-january-2024\">https:\/\/www.bea.gov\/news\/2024\/personal-income-and-outlays-january-2024<\/a><\/p>\n<p><a href=\"https:\/\/www.goldmansachs.com\/intelligence\/pages\/ai-investment-forecast-to-approach-200-billion-globally-by-2025.html\">https:\/\/www.goldmansachs.com\/intelligence\/pages\/ai-investment-forecast-to-approach-200-billion-globally-by-2025.html<\/a><\/p>\n<p><a href=\"https:\/\/www.reuters.com\/markets\/us\/futures-muted-after-rally-ai-boost-inflation-relief-2024-03-01\/\">https:\/\/www.reuters.com\/markets\/us\/futures-muted-after-rally-ai-boost-inflation-relief-2024-03-01\/<\/a><\/p>\n<p><a href=\"https:\/\/home.treasury.gov\/resource-center\/data-chart-center\/interest-rates\/TextView?type=daily_treasury_yield_curve&amp;field_tdr_date_value=2024\">https:\/\/home.treasury.gov\/resource-center\/data-chart-center\/interest-rates\/TextView?type=daily_treasury_yield_curve&amp;field_tdr_date_value=2024<\/a><\/p>\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/United_Federation_of_Planets\">https:\/\/en.wikipedia.org\/wiki\/United_Federation_of_Planets<\/a><\/p>\n<p><a href=\"https:\/\/www.reuters.com\/technology\/space\/moon-landing-puts-new-space-race-startups-spotlight-2024-02-26\/\">https:\/\/www.reuters.com\/technology\/space\/moon-landing-puts-new-space-race-startups-spotlight-2024-02-26\/<\/a><\/p>\n<p><a href=\"https:\/\/www2.deloitte.com\/us\/en\/insights\/industry\/technology\/technology-media-and-telecom-predictions\/2024\/future-of-global-satellite-direct-to-device-communications.html\">https:\/\/www2.deloitte.com\/us\/en\/insights\/industry\/technology\/technology-media-and-telecom-predictions\/2024\/future-of-global-satellite-direct-to-device-communications.html<\/a><\/p>\n<p><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/public-sector\/us-gps-the-commercialization-of-leo-vol-2-an-orbit-for-everyone.pdf\">https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/public-sector\/us-gps-the-commercialization-of-leo-vol-2-an-orbit-for-everyone.pdf<\/a><\/p>\n<p><a href=\"https:\/\/www.architecturaldigest.com\/story\/would-you-move-to-the-moon-in-2040\">https:\/\/www.architecturaldigest.com\/story\/would-you-move-to-the-moon-in-2040<\/a><\/p>\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Vulcan_salute\">https:\/\/en.wikipedia.org\/wiki\/Vulcan_salute<\/a><\/p>\n<\/div>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Market Commentary \u2013 The bull market is alive and well. - Wellspring Wealth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wellspringwealth.com\/2024\/03\/04\/weekly-market-commentary-the-bull-market-is-alive-and-well\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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