The Stock Market Could Rally Soon. A More Hawkish Fed May Be Priced In. – Barron’s
December 14, 2021 No Comments
Stocks appear to be almost through a difficult stretch brought on by news that the Federal Reserve is removing support from markets and the economy. History tells us that a sustained rally will likely begin soon.
As of Dec. 1, the S&P 500 had fallen 4.1% from the record high it reached on Nov. 18, only to rebound 4.4% to a new closing high of 4712.02 on Friday. Monday, it was slipping back, with a loss of 0.6% by midafternoon.
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