January 1, 2024 | This season’s ‘Santa Claus Rally’ marks the eighth straight, as markets bounced back after a tough 3rd Quarter 2023.
Why It Matters: The rally hinges on expectations of Fed rate cuts in 2024. This optimism is delicate; a shift in Fed policy could reverse markets.
Source: dailychartbook
...November 20, 2023 | U.S. Stocks gained +2% last week, buoyed by weaker-than-expected inflation and manufacturing prices.
Why It Matters: With inflation falling faster than expected, additional Fed rate hikes are likely in the rearview mirror. Source: SoberLook, Source Financial Advisors
...May 1 2023 | Only 32% of stocks are outperforming broader markets, a level not seen since the 1990s. Why it Matters: Narrow market breadth can lead to increased volatility, making it harder for investors to diversify risk, and this potentially amplifies market swings. Source: thedailyshot
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