In 2018, real GDP was up almost 3%, inflation was sub 2%, and S&P 500 earnings were up 20+%. Despite all this the market fell because of Fed tightening. Now in 2019, the economy is weaker, earnings are flat and, the stock market is unstoppable. The Fed owns this market and they know it.
In 2018, real GDP was up almost 3%, inflation was sub 2%, and S&P 500 earnings were up 20+%. Despite all this the market fell because of Fed tightening. Now in 2019, the economy is weaker, earnings are flat and, the stock market is unstoppable. The Fed owns this market and they know it.
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