This series has been fun, maybe because it’s a party and there is a bit of rum punch left in the bowl. Lets recap a little bit before we discuss today’s post.
Three months ago I wrote,
Party Like It’s 1964
The Dow Jones Industrial Average DJIA rose 181 points on Friday, making it the ninth straight weekly gain for the Dow and the first time since 1964 that the DOW rose in the first 8 weeks of a calendar year.This recovery since the Christmas lows is primarily due to Fed Powell succumbing to the Markets demands and putting its interest-rate policy on
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