This indicator of recession is approaching the point of no return. But stocks historically rise if the Fed cuts and the economy continues to grow.
It’s too early to announce the Goldilocks environment, even if the major asset classes at least point to a better opportunity for it. S&P 500 SPX Index, +0.54% gained 5% this year, and the high-tech Nasdaq Composite COMP, +1.07% It rose 8%, even with a seemingly daily influx of job cut announcements. Stay tuned on … Read more