By CCN: If you’re not careful, you’ll get whiplash from the speed at which the mood in the market is changing. We’ve gone from a doom-and-gloom recessionary outlook to one that’s now sunny skies ahead. In fact, the stars appear to have aligned for a Goldilocks economy – inflation is low, the economy is expanding, and stocks are racing to new highs as a result. The Dow and the S&P 500 have climbed 14% and 17% higher year-to-date, respectively, and it’s only the second quarter. There’s not even a hint of sell in May, go away, with stocks setting new
The post Goldilocks Economy Sends Dow Soaring in 2019, but Can the Party Last? appeared first on CCN
source https://www.ccn.com/goldilocks-economy-dow-soaring
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