Stock Market On A Roll Half the talk on Wall Street is about how the S&P 500 is up five straight months. The other half revolves around the question: when is the correction coming?
Since October of 2023, stocks have climbed the wall of worry and closed each month in the green. Blinders on, the market has managed to ignore vacillating inflation numbers, threats of recession, Fed speak, Fed silence, and the tea leaves of corporate earnings.
Most recently, advances were fueled by the Fed's latest remarks that maintained the central bank’s rate-cutting timeline for the year, as well as investors' ongoing enthusiasm for tech stocks amid the AI-powered rally. Overall investor sentiment remains above its historical average, reflecting persistent market optimism.
Since October of 2023, stocks have climbed the wall of worry and closed each month in the green. Blinders on, the market has managed to ignore vacillating inflation numbers, threats of recession, Fed speak, Fed silence, and the tea leaves of corporate earnings.
Most recently, advances were fueled by the Fed's latest remarks that maintained the central bank’s rate-cutting timeline for the year, as well as investors' ongoing enthusiasm for tech stocks amid the AI-powered rally. Overall investor sentiment remains above its historical average, reflecting persistent market optimism.
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