Is the Stock Market Too Smooth? Ep. 120

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Marty and Jess Ansen loved going on cruises so much they opted to cruise indefinitely. I came across an article that said, A retired couple have been living on back-to-back cruises for two years, and claim it's 'cheaper' than if they stayed in a nursing home in their retirement years. Hopefully you’re not feeling our inflation problem quite that much. 

I don’t know about you, but that would be too long a boat for me. Although, I’ve never gone a cruise. Do you think you could live on a cruise ship? I guess it would depend on how smooth or choppy the water was.

From the Wall Street Journal, “Markets are unusually calm—and that’s making Wall Street nervous. Stocks have been on a steady climb, with the S&P 500 up 14% nearly halfway through 2024 and closing at 29 records along the way.” The S&P 500 continues to climb up, and as of this past Monday it’s up 15.22% for the year.

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