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For U.S. stocks in the second half of the year, the three directions I most want to bet on: 001.
The S&P 500 rose 13.5% this quarter, the strongest quarter in 20 years. The Nasdaq is up +12.79% since the beginning of the year, and the Dow just broke 52,000 to hit a record high.
But the feel is completely different from the numbers.
This quarter experienced the Iran war, the Korea circuit breaker, a single-day drop of 10% in semiconductors, SpaceX falling nearly 20% in its first week of listing, OpenAI