Bobby Axelrod's Market Insights: ETFs and Mutual Funds on the Rise

Market Optimism vs. Uncertainty

As the market reaches record highs the question on everyone's mind is will this bull run continue? The uncertainty around the Fed's rate cuts and the trajectory of inflation data has analysts divided. You know what they say on Wall Street 'Predicting the market is like predicting the weather in New York you're always wrong!'

Top Performing Funds in the Spotlight

While markets remain uncertain investors are eyeing exchange traded funds and mutual funds for diversification. Morningstar's top performing funds have beaten the S & P 500 but remember as Axe always says 'I don't invest in funds I invest in people.'

Winners and Losers of the Year

Copper and mining ETFs were stars in the first half of the year with tech and AI focused funds not far behind. Even a Turkey specific ETF made it to the top performing list! Looks like investors are gobbling up opportunities everywhere. As Axe would say 'Opportunities dance with those who are already on the dance floor.'