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It was weird. It was fitting that that happened. It was good. We were hoping for it. We should tell you about the s p 500 as well. It added more than 5 to close at 1,883. The nasdaq closing at 4,114. We decided that good news was good news now and bad news is no longer. We got a 0. 1 gdp number earlier. Right. Economy starts with i did like this, andrew. It was hurt in the First Quarter, hurt by frigid weather. Yes. Frigid weather. You know what thats an indication of, the warming. Youre reading the wall street journal. Just think about the logic in that statement. Thats not what i want to talk about. What i want to talk about, also a day they decided to continue to cut its not like there was bad news that was going to cause them not to taper. There was nothing but there was a little bit of bad news in there. There was bad news. A lot of times market set new highs on bad news. Then i started thinking about it again, kbe qe is very, ....
Bob pisani, hot july, despite some selling at the end of the day. Secondbest month, bob . Yeah, you cant yes. You cant get any better. We waited all month for the pullback that was supposed to come for the summer swoon that everyone and it didnt happen. All we did was go sideways. We didnt even have a 4 correction. Look at the major sectors and ill get to the s p in a minute. Small caps led the way. Theres the russell 2000. The dow jones industrials, we hit an intraday historic high today. Not a closing high. But good enough. I tell you why i like this so much. When you get healthcare stocks and materials stocks and discretionary and finances, all moving within a point of each other, thats a broad rally. The s p up about 5 . And in the subgroup, going into july, three, four major groups doing particularly well. We had biotech, airlines, retail, housing. And three of the four turned into a very good month. We know about housing, a little bit of a downturn as the higher rates put a crimp ....
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The estate planning world certainly saw its share of turbulence from 2020-2022. With two significant elections, it is hard to remember a previous time with such substantial uncertainty. ....