By Aaron Task Cue Rita Coolidge and the theme song from Octopussy.
U.S. stocks hit a series of their own “all-time highs” last week, and they seem poised to continue higher in the near term.
A number of things have stirred the animal spirits on Wall Street, including…
1. The Fed
You might not like what the Fed is doing. I could argue there was no need for the recent round of rate cuts, especially with the unemployment rate so low.
But the phrase “don’t fight the Fed” is a cliché for a reason.
The Fed’s October rate cut was its third since June. When the Fed previously cut …read more
