Joel Johnson and Jake MacFarlane are back for July’s Coffee with FourThought, a mid-year check-in on markets, the new Fed leadership, and some of the most talked-about IPOs in recent memory.
They open with a look at how markets performed in June and year-to-date at the halfway point, including why large cap growth lagged, why real estate led, and what a broadening market means for a well-diversified portfolio. The conversation then turns to Kevin Warsh’s first Fed meeting and a hawkish shift that surprised many, with the dot plot moving up and rate cut expectations fading fast.
From there, Joel and Jake dig into the IPO market: what 20-plus years of data tells us about how IPOs perform over time, how SpaceX’s debut compares to history, and why OpenAI quietly stepped back from its own IPO filing. They also answer a listener question on tax location strategy, specifically why you might hold value stocks inside an IRA.
Watch here: https://youtu.be/Psp7cSEHD-k
Disclaimer: This presentation is for informational and educational purposes only and does not constitute investment advice or a recommendation. Views expressed are subject to change and are based on information believed to be reliable at the time of recording. Past performance is not indicative of future results. Investment decisions should be made based on individual circumstances and in consultation with a qualified financial professional. FourThought Private Wealth is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training.