Skyfall To Start The New Year?
Equity markets certainly didn't begin 2024 where they left off in 2023.
Equity markets certainly didn't begin 2024 where they left off in 2023.
In what is likely our last Market Musings for 2023, we celebrate both the joy of the holidays and the recovery on Wall Street.
The Fed's new "Dot Plot" of future rate hikes showed cuts beginning in 2024. Equities exploded higher as a result.
After a little reprieve earlier this week, investors are back in "buy" mode.
Equity markets are poised for their 5th consecutive weekly gain, with November having turned in one of the best performances for that particular month since 2020 and the 4th best November since 1954.
Sticky inflation...what sticky inflation? That is the question of the week as both inflation metrics - CPI & PPI - released this week were below expectations for the month of October and lower year-over-year.