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OPINION: Why advisors didn’t beat ‘the market’ in 2023

The US market went gangbusters last year but many wealth clients didn’t see the same returns. Miguel Sosa, the founder of Miami-based RIA Premia Global Advisors, reveals why and how he explained the discrepancy to his clients.

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The Markets (as of market close June 21, 2024) Wall Street rode a rally in tech and Al stocks for most of last week. The end of the week saw a bit of a downturn, but not enough to keep the benchmark indexes listed here from closing the week higher.

The Markets (as of market close May 31, 2024) Stocks rebounded from a sour April, closing higher in May. Investors spent the month focused on job gains, gross domestic product, corporate earnings reports, and inflation data in an attempt to determine when the Federal Reserve might cut interest rates.

In April, stock markets fell amid global tensions and inflation concerns, despite positive job growth and corporate earnings, with some sectors like real estate and technology seeing significant declines, while bond yields rose and the dollar strengthened, and gold prices increased.

Stocks rose last week, led by tech and communication sectors, supported by positive earnings and economic data, despite concerns about rising interest rates and fluctuating commodity prices. Learn more about it in this week’s market summary.

2024 Q1 Market Review by Premia Global Advisors The Markets (first quarter through March 29, 2024) Wall Street got off to a …

Market Week: April 8th, 2024 by Premia Global Advisors The Markets (as of market close April 5, 2024) Despite a late-week surge, …

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