The fact that inflation picked up and caused the Fed to keep raising rates was (partly caused by) a hurricane-related surge in energy prices. There was a lot of worry created around mother nature. It threw everybody for a curve.
The fact that inflation picked up and caused the Fed to keep raising rates was (partly caused by) a hurricane-related surge in energy prices. There was a lot of worry created around mother nature. It threw everybody for a curve.
While today's news is very positive, I think the market is likely to remain caught between very good economic data and the worry that things aren't going to get any better from here. I would expect us to continue being pulled back and forth in this trading range we've been in for most of 2004.
© 2020 Inspirational Stories
© 2020 Inspirational Stories