Stocks Break New Record; Economic Outlook Clears
Published Wednesday, December 31, 1969 at: 2:00 PM EST
The Federal Reserve uninverted the yield curve and the economic horizon just turned brighter.
Despite the trade war with China, a shrinking U.S. manufacturing sector, and political uncertainty, the clouds threatening an end to the 10½-year old expansion have cleared.
As of Halloween, the financial world made sense again. This was no trick! All treat.
This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.
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