And then the Stock Selloff Starts All Over Again.
Since the Christmas Eve selloff-low, the S&P 500 has risen 13%, including a 5% jump on December 26. But last week, the rally petered out and stocks ended flat. And now it gets complicated, with stock-market bulls hoping and praying for the Fed to “reverse” course to sustain this rally, and with the Fed having other ideas (11 minutes):
But for the markets: “No Data is Good Data, Read… We’re Flying with Eyes Partially Closed into Turbulent Markets & Economy
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