2019-4-29 00:44 |
By CCN: If you’re not careful, you’ll get whiplash from the speed at which the mood in the market is changing. We’ve gone from a doom-and-gloom recessionary outlook to one that’s now sunny skies ahead.
In fact, the stars appear to have aligned for a Goldilocks economy – inflation is low, the economy is expanding, and stocks are racing to new highs as a result. The Dow and the S&P 500 have climbed 14% and 17% higher year-to-date, respectively, and it’s only the second quarter. There’s not even a hint of sell in May, go away, with stocks setting new
The post Goldilocks Economy Sends Dow Soaring in 2019, but Can the Party Last? appeared first on CCN
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