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CBRL - S&P 500 On Pace For Highest Returns In 60 Years With Rising Fears
Cracker Barrel Old Country Store Inc.
Ominously quiet as the S&P 500 breaks 3,000
As the S&P 500 crosses the 3,000 level again today, there appears to be a growing sense of trepidation ahead of the July 30-31 Federal Open Market Committee meeting to decide on the next Fed Funds rate move.
In just the first half of 2019, the S&P 500 has already returned better than 68% of all annual returns since 1927. As the graph below shows, the annualized 2019 return of the S&P 500 of approximately +38% is on pace for the highest return since 1958. Many analysts