2024-03-09 01:15:00 ET
Summary
- The US equity market has been at one of those junctures recently that could go one of two ways. Glass half empty, or glass half full?
- Happily for those of us who like to see the stock prices trending in the upward direction, the glass half full crowd seems to be winning the day.
- The central point of contention has been thus: can Mr. Market overcome his bitter disappointment at once again being wrong, so very wrong, about how many interest rate cuts are in store for 2024.
The US equity market has been at one of those junctures recently that could go one of two ways. Glass half empty, or glass half full? Happily for those of us who like to see the stock prices trending in the upward direction, the glass half full crowd seems to be winning the day....
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Sometimes, Good News Is Good News