Fed’s message is falling on market’s deaf ears


Every bull market needs a theory. And two months can be a long time in stock markets. The Dow Jones Industrial Average, America’s premier stock market index, was at 28,726 points as of September-end. It has rallied by around 20% to close at 34,347 points as of Friday. This is in an environment where the…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Could Europe end up with a worse inflation problem than America?
December housing sales in New York down year-over-year
Lumber Futures – January 26, 2023
Business Activity Shrinks Again in Moderate Contraction
Prince George Pulp mill closure precipitated by chip shortages, dwindling pulp log supplies