Stocks Rally on Misplaced Optimism
Don’t Let the Stock Market Rally Fool You You may want to feel optimistic. The S&P 500 has rallied nearly 15% from its mid-June low. Inflation dropped from June’s 9.1%. And investors seem bullish that rate increases could be slowing after the Fed’s last 75 basis points hike. But market makers warn against misreading the … Read more