Sector Results for 2025 Q1 | Legacy Wealth Management

Overall, the S&P YTD thru 4/11/25 is -8.6. Information Technology, Communication Services and Discretionary Spending were big laggards. The Discretionary Spending category shouldn’t be too much of a surprise with all the uncertainties in the world today.

There has been so much excess currency put into the system over the last… how far do we go back and say “money printing” started getting out of control.

2020?

2018?

2008?

1973?

End of WWII?

1910?

Jekyll Island?

There is a ton of “excess” to be worked off in the markets and financial system. It took a long time to get here, and it will take a lot of time to resolve… and it will not be without pain.

We are living in interesting times, my friend… very interesting times…

Legacy Wealth Management

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