it’s been a minute. I’ve been looking at the charts lately and thinking a lot about our ETF strategy for the second half of the year.
The market feels really heavy right now, doesn't it?
With the US midterms coming up in November, all eyes are basically glued to the FOMC meetings in August and September.
Kevin Warsh hasn’t really shown a clear hand yet, but honestly, with the situation in Iran pushing Brent and WTI crude past $90, inflation is rearing its ugly head again.
Word on the street is that there’s a 60% chance they need to hike rates just to cool things down, so at the very least, we’re probably looking at a rate freeze.
And then there's the tech sector.
Big Tech and semiconductors are taking a massive beating because of the crazy high capex required for AI infrastructure right now.
But you know what? Sitting here looking at this, I can't help but get flashbacks to 2000 and 2008. When the dot-com bubble burst, Amazon plummeted by 90%.
People thought it was game over for them since they were "just an online bookstore." But then mobile took off in the mid-2000s, and their retail business exploded.
Even in 2008, when the subprime crisis was destroying the financial world, Amazon pivoted, grew their AWS cloud business, and thrived.
Right now, Google and Amazon are taking the biggest hits in this tech pullback.
But I genuinely believe the next big market is going to be hyper-personalized services—think Amazon mixed with advanced AI agents. Google is already integrating Gemini directly into their search ads and results.
Once the infrastructure is ready, we’ll see auto-subscriptions tailored perfectly to users, and these companies are going to start printing money again.
So, what's the play? Just quietly and consistently dollar-cost average every month. Stick to your allocation.
That’s how you build a solid cash flow for retirement.
