Monthly Recap (December 4, 2023)
This past November will surely go down as one to remember. Indeed, excluding the sharp post-election spike seen by the equity market in November 2020 (which also [...]
Source: forbes.com
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A Strong November Could Bode Well For A Strong December
According to FactSet, when the Nasdaq is higher by 20% or more through November, it carries the momentum into December 67% of the time with an average gain of more tha...
Source: forbes.com
As Rates Sink, Stocks Enjoy Their Best Month Of 2023 (December Issue)
This past November will surely go down as one to remember. Indeed, excluding the sharp post-election spike enjoyed by the equity market in November 2020 (which [...]
Source: forbes.com
fed: US stock market: S&P 500 ends lower on mixed Fed messages, PCE on deck
The Nasdaq joined the S&P 500 in negative territory, while the Dow ended nominally higher, as investors took a wait-and-see position ahead of Thursday's crucial personal consumption expenditure (PCE) inflation report.
Source: indiatimes.com
Fed's Pet Inflation Metric Hits 2-Year Low Of 3.5%
Though inflation remains well above the Fed’s 2% target, investors are betting the improving data will support an extended stock market rally.
Source: forbes.com