Present Tense Market Predictions
I sat down at my desk to begin my day, and streaming across my screen was a market alert – “Dow rises 200 points after tame inflation data, Nasdaq jumps another 1%.” A few moments later, another breaking news headline passed in front of me - “U.S. spending on COVID-19 relief poised to hit $6T with the passage of Biden stimulus bill.” I quickly went to see where stocks were on the news, and much to my dismay (but not surprise), the DJIA was now up over 500 points. Yet another record-se...
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