What is Driving this Market? Can anything stop this market? Slowing growth and a recession certainly could, but are they anywhere on the horizon? A host of COVID specific federal unemployment benefits are set to expire on September 6th 2021. Among the expiring emergency benefits is an extra $300 per week of unemployment income. Federal […]
Higher and higher Through August 30th there have been 53 new closing highs for the S&P 500. This market is closing in on the record 77 new all-time highs which occurred in 1995 (h/t Howard Silverblatt of S&P Dow Jones Indices). The chart below highlights recent prices, total returns (total return always includes dividends), dividend […]
