The economy continues to chug along and the pundits continue to marvel at its strength. The Fed is doing all but taking a victory tour in their ability to beat inflation without causing a recession. Very few people seem to be concerned about the prospects of a recession.
Last week
Is the recession over? Is the economy back on a growth track? Is the resilient consumer going to be able to keep the economy growing? Is inflation heading down? Is the Fed nearly done raising rates? Is the coast clear for stocks?
Based on the market action last week, the
Human's do not like change. Our brains like to know what to expect. Normally in a bull market a change in leadership in Washington will be met with angst. This of course is not a normal environment.
The stock market has staged a huge rally since Joe Biden became the
As we start the 20th week of the Coronavirus panic in the U.S. in many ways it feels like we haven't made much progress. Cases are spiking in two heavily populated states, schools are trying to determine what they should do with their students, Congress is arguing over what
For most of the month, October was on pace to be the worst month since the Financial Crisis. The rally the last few days brought it up enough to take away that designation, but it was still the worst monthly performance for the S&P 500 since 2011. Corrections
