Hi everyone I'm Rose Marie Miller here with Nancy Daud a private wealth advisor at

a Mera Prize financial here to give us a stock market outlook for the week.

Thank you so much for joining me today, Nancy.

Thank you. So Nancy, what macroeconomic factors are currently influencing the

overall stock market?

So inflation will, is, has been overcome for the most part, but the Fed has a goal of getting it to 2%.

And unfortunately, that's not going to come as quickly as everyone thinks.

There's going to be a little bit of a rough time to get to that.

The home stretch is always the toughest. We probably will not have

rate cuts anytime soon. We project not until towards the end of the year, maybe later.

And there will likely be a little bit of a slowdown,

although maybe not a full-fledged recession.

So, you know, I think the Magnificent Seven stocks would like us all to believe that that's all that's going to drive the market upwards and AI is probably going to help a lot.

But I think it's not nearly as quickly as everybody believes.

I think about what to

about what to revisit the goals, the time frame for those goals

and most importantly, the appetite for risk because everyone feels

somewhat bullish now. The stock market is doing so well and this is the time to be more cautious and to revisit the time frame and most importantly

again what I call stomach lining or fancy terminology for appetite for risk.

And always remember that productivity is what will drive growth in the market ultimately,

not necessarily one or two stops.

So what do you think investor sentiment will be like this week?

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