Smog 2025
I am happy to be the bearer of good news. The markets continue to move higher as fear of a recession this year recedes, and acceptance of higher interest rates grows.
I am happy to be the bearer of good news. The markets continue to move higher as fear of a recession this year recedes, and acceptance of higher interest rates grows.
The markets look to close the week roughly where it started except for the NASDAQ which will finish down a bit.
Markets continued to drift higher on the back of enthusiasm over artificial intelligence, and good tech earnings reports.
The markets drifted higher this week on good earnings announcements mainly from the largest technology companies.
The indices continued to eke out further gains this week despite earnings announcements that were somewhat lackluster.
The markets look to hit new intra-day highs as investors continue to feel optimistic that a soft-landing is the likely result of the Fed’s monetary policy actions of the past year.
Last week the markets were lower after a year-end bash that left more than a few hungover.
The first week of the new year got off to a slow start.
To close the year, I bring you ChatGPT’s delightful version of ‘Twas the Night Before Christmas – the stock market edition.
Well, I don’t want to jinx us but have you seen what the market has been doing lately?