The View from 5th Avenue

The View from 5th Avenue – 4 January 2024

A lot of negative headlines flying around the first week of the New Year and today did not help with US indexes logging their third consecutive down day in 2024. We have seen the “Mag 7” referred to as the “Lag 7” due to an underwhelming start and now “dry January” to describe the overall start to the year. If we can just take a deep breath here and not do what everyone thinks we are going to do and freak out. Despite their slow starts to 2024, the S&P 500 and Nasdaq 100 are still up 11.8% and…

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