🎙️ Rich Get Richer

[5 minutes to read] Plus: Hot new jobs report

By Matthew Gutierrez and Shawn O’Malley

📈 Folks, for the first time since 1964, the S&P 500 has now risen 17 of the past 19 weeks, and it’s not just mega-cap tech leading the way.

Breadth expansion — more stocks participating in the move higher — has come from all over. Every sector is now about its 50-day moving average. Meanwhile, Nvidia is getting close to surpassing Apple as the world’s second-most valuable company.

All of this comes 15 years to the week (March 9, 2009) since the stock market bottomed following the great financial crisis. Since then, the S&P 5oo has risen over 10x, a 16.7% annualized return. Heck, even if you had entered the market in October 2007, before the crisis, you’d still be up 357% — 9.7% annualized.

— Matthew & Shawn

Here’s today’s rundown:

Today, we'll discuss the biggest stories in markets:

  • Family office boom creates new Wall Street gold rush

  • Why more women are working globally

This, and more, in just 5 minutes to read.

POP QUIZ

The unemployment rate has now been below 4% for 25 consecutive months — the longest streak since when? (Scroll down to find out!)

Chart of the Day

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