Despite a one-day scare last week, the stock market closed the week near its record high. The 'scare' came in the form of an increase in the rate of inflation. This threw cold water on the thought the Fed would slash interest rates up to 6 times for a total
The S&P 500 closed the week above 5000 for the first time in its history. After stumbling to start the year, this is the 5th straight positive week for the mega-cap growth heavy index.
I was once again back at the Liberty University School of Business, this time
We've said it many times – when the Federal Reserve has spent too much time focusing on bailing out the stock market anytime there is a 5% drop in stocks, sometimes the market does not react like you think it would.
During the 4th quarter of last year, stocks staged a
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
The S&P 500 and NASDAQ both closed at all-time highs on Friday. This adds to the already euphoric attitude most market participants had going into 2024. Nothing is on the horizon that can stop the stock train, or at least that's the current perception. For what it's worth,
