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Stocks Break New Record; Economic Outlook Clears

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.

A short-term T-Bill, as of October 31st, 2019, paid less interest than a long-term T-Bond.

The restoration of financial logic indicates that investors worldwide believe the Fed reversed itself quick enough to avert causing a recession. The threat of a recession is over.

The Standard & Poor's 500 stock index, the main benchmark of current financial and economic conditions, closed the week at a new all-time high of 3,066.91.


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 or tax advice without consulting a professional about your personal situation. Tax laws are subject to change. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. No one can predict the future of the stock market or any investment, and past performance is never a guarantee of your future results.


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Index
Economic Fundamentals Recovering As Stocks Surged For the Week
Stocks Swing Wildly As Economic Recovery Begins
Dog Days Of Summer In The Economy 
V-Shaped But Full Recovery Is Long Off 
Covid-19 Causes A Good Surprise
The Epidemic Sets The Economy Back About Two Years
Is This A New Bull Market? 
The Pandemic And Stocks
Despite Disastrous Jobs Report, Stocks Surged 1.6% Friday
Amid The Crisis In The Economy, Two Good Anomalies
Business Owners Must Act Now On COVID-19 Relief
Financial Economics With The Epidemic's End In Sight
The Beginning Of The End?
An 11.4% One-Week Gain In Stocks
What Investors Should Expect And A Business Owner Alert 
Is the Coronavirus Bear Market Over?

This article was written by a professional financial journalist for Responsive Financial Group, Inc and is not intended as legal or investment advice.

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