Sorry Seems To Be The Hardest Word
Too much money poured into the system during & post-COVID and a Fed that didn't take action last year as inflation got out of control - that's pretty much how we arrived in the current situation.
Too much money poured into the system during & post-COVID and a Fed that didn't take action last year as inflation got out of control - that's pretty much how we arrived in the current situation.
This week has been concerned with how much the Fed would raise interest rates - this week and into the future.
Just when you thought meme stocks were done, we witnessed retail investors get caught up again in the frenzy this week.
Markets seem poised to head higher, but we're not convinced the worst is over just yet. However there was some good news this week that could point to an end to the bear market sooner rather than later.
Investors seem dazed and confused as fundamental data points to recession, but markets are acting as if recession isn't on the horizon.