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After the October through December downfall, the world is looking brighter with all of the major American equity indexes up significantly. In the last three months the DJIA is up 7.99% while the S&P 500 has risen 11.36% and the NASDAQ is up 15.91%. For the last year, the DJIA is up 9.18% while the S&P 500 climbed 10.11% and the NASDAQ is higher by 14.42%. So much for the Doomsday predictions.
Much of this has been caused by the amazing backflip of the Fed. In December, Chairman Powell sent the markets into a nosedive