There's an old adage on Wall Street bull markets climb a wall of worry. Needless to say, there are a lot of worries out there.
There's an old adage on Wall Street bull markets climb a wall of worry. Needless to say, there are a lot of worries out there.
It injects some uncertainty. The worry is the Chinese economy will slow too much, and that will send markets down worldwide.
The worry is that the lid, or the cap, on interest rates is now off.
The good news was good enough to more than offset the worries about wages and Federal Reserve policy. There is an emotional component to the market today. Some speculative spirits are starting to stir.
Yesterday's weak ISM number shows the manufacturing sector is just limping along. Another report this week suggests that Friday's August employment report may not be very good. Worries about the economy resurface and are reflected in stocks,
© 2020 Inspirational Stories
© 2020 Inspirational Stories