How Should You Respond to this Market Correction? Jarvis® Update May 3, 2024

0:00 Intro
1:34 Market Recap
2:56 Topic 1: Earnings Review -- Things Have Been Changing
6:22 Topic 2: Practical Ways to Respond to the Market Correction

We are smack dab in the middle of the earnings season. Results so far have been mixed and we've seen a few extreme negative reactions.

What has us somewhat concerned is the state of the consumer. Having read earnings results from McDonalds (MCD), Etsy (ETSY), Tesla (TSLA), and specifically Starbucks (SBUX), there is evidence that the consumer is stretched.

In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover the latest earnings reports, both in tech and in consumer-related stocks. Rising interest rates continue to throw a wrench in investors' plans Topic 2 covers some practical tips on how we think investors should approach the latest market correction. Noland closes out the video with one of his favorite income stocks, which has an annual dividend yield of 8.4%! But you'll have to watch all the way to the end to get that name!

Topic 1: Earnings Reports -- Things Appear to be Changing
Topic 2: Practical Tips to Deal with the Latest Market Correction

If you would like to learn more about our income strategies and other market thoughts, don't hesitate to reach out using the contact info below! Get on Brian's calendar directly to discuss a plan for Build, Grow, and Preserve Your Wealth at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting

Be sure to check out Noland's Notes, our yearly piece looking back on 2023 and with our expectations for 2024: https://leftbrainwm.com/notes

To check out our website, head over to https://leftbrainwm.com/

If you would like more information about our model portfolios head to https://leftbrainwm.com/report.

Email Brian at [email protected] for details.

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