Is the Market About to Hit an ALL-TIME HIGH? (Should You Be Worried?)
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 25 December 2023
⏱️ 32 minutes
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| 0:00.0 | Is the market about to hit an all-time high? |
| 0:05.0 | And more importantly, should you be worried? Brent I am so excited about this because we love it when the market is moving in a |
| 0:18.2 | positive direction. We love it when accounts are going up when people are making money when things seem to be on a in a better place however |
| 0:28.9 | you just said it all the headlines are starting to kind of say oop markets are at all time high. Uh oh people are starting to get excited. |
| 0:36.5 | Uh oh is that something that we should be concerned about. |
| 0:40.7 | Look I'm I'm super excited. |
| 0:42.6 | I'll take a page from you, Bo. |
| 0:44.6 | I am excited that the markets are up, but it has been such a strange year. |
| 0:48.4 | That's right. |
| 0:49.4 | Because I feel like it wasn't just a few weeks ago that people were petrified but it is important you know since |
| 0:55.3 | we are in the closing out the year Christmas season the markets soon to be |
| 1:01.6 | wrapped for 2023. |
| 1:03.0 | Walk them through how close we are to all-time house. |
| 1:06.0 | Yeah, what's really interesting is if you look at the year, |
| 1:08.4 | 2023, the market is now up over 20% for the year. |
| 1:12.0 | If you think about where we started started but it's not been a |
| 1:14.8 | straight shot most of us remember third quarter didn't feel very good we saw this |
| 1:20.0 | downturn that started around the August time frame all the way into October right up |
| 1:25.3 | until November where things were a little dicey, a little iffy, a little uncomfortable. |
| 1:30.0 | And now, since November through the month of December so far, market is shot back up. |
| 1:36.0 | So when you look in hindsight, the market is up almost or a little over 20% for this year. |
| 1:41.4 | And if we think about the all-time high as measured by the |
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