That Was the Easy Part
2019 is off to a roaring start, as the S&P 500 Index gained 7.9% for its best January since 1987. Stocks’ strong January comes on the heels of the worst December in 87 years. What happens now? This week we will discuss why we see signs that point to higher prices, why the easy gains have likely already occurred, and what several key hurdles lie ahead.
Impressive Rally off the Lows
Since its low on December 24, 2018, the S&P 500 is up 15% (through 02/01/19) after investors bargain shopped. With the focus now shifting to trade, corporate profits, and clarity on Federal Reserve (Fed) policy, this was the easy part o... Read more