Barry E-Mag – March 2025
As we enter into March and the weather (hopefully) begins to warm up, April 15th is right around the corner! That's also the deadline for 2024 IRA and Roth IRA contributions so if you haven't yet, there's still some time to make those contributions. In this month's issue, we explore AI chip wars and have included a chart comparing the performance of gold mining stocks to the Magnificent Seven. As always, be sure to scroll to the end for updates from our team.
If you have inquiries about the investment markets or your tailored wealth management strategy, please don’t hesitate to reach out to us!
Best regards,
The Barry Team
BEST OF THE BLOG
CHART OF THE MONTH
This chart compares the year-to-date performance of gold mining stocks (GDX) and the Magnificent Seven tech stocks. The strong divergence in performance year to date could indicate a shift in investor sentiment away from high-growth tech stocks and toward commodities like gold, which are often seen as a hedge against economic uncertainty.
INVESTING WISDOM
“Valuations across tech have skyrocketed, and even optimistic venture capitalists often acknowledge the market is in a searing frenzy. Leading AI companies expect to lose billions of dollars for years to come, while pledges of future profitability rest on hazy assumptions of a tidal wave of demand.”
-Eliot Brown and Berber Jin, The Wall Street Journal Feb. 26, 2025