The S&P 500 has risen 20% off the lows from last October, leading the financial media to declare a "new bull market". I cringed when the media declared a bear market simply because the market dropped 20% from its high. When the market first crossed the 20% threshold
2022 was the worst year for stocks since the financial crisis. The year started with the worst performers of 2022 posting some impressive results the first 5 weeks of the year. After, the inevitable bounceback reality set in. There were plenty of risks in play – a looming recession, on-going
As expected, the debt ceiling negotiators have worked out a deal to avoid "catastrophe". The stock market never really thought the debt ceiling wouldn't be raised/temporarily cancelled. The bond market has been showing a bit of a concern over short-term liquidity as well as putting in place
I don't know about you, but I'm already tired of hearing about the debt ceiling. The media is sensationalizing it. Both sides of the political aisle are blaming the other side and acting like they had nothing to do with it. Worry is picking up among individual investors.
I hate talking politics, but we've been fielding a lot of questions about the debt ceiling and the chances of default. I've actually been avoiding writing about this because every time I think about it, my blood pressure skyrockets. The fact that we are back here AGAIN is
