- The Dow Jones Industrial Average powered ahead another 654 points last month (+1.9%) to a new record level (34,529) and the S&P 500 also closed at a new monthly high (+0.6% to 4,204).
- The U.S. COVID-19 pandemic has essentially come to an end for now and stock prices have continued their upward surge since last March.
- Although the bull market remains alive and well in the stock market, inflation, interest rates, and speculative areas like cryptocurrencies, SPACs, meme-stocks, and nosebleed-priced stocks remain areas of caution.
For further details see:
Return To Rationality?