Market Commentary: Stocks Pause After Post-Election Surge
Carson Wealth
NOVEMBER 18, 2024
Lastly, no year has ended with 51 new highs, but we had 53 in both 1961 and 2014, suggesting more new highs are likely this year with about six weeks still left to go. As we wrote back then, the Fed is essentially putting a cap (to the degree it’s in their control) on the unemployment rate, or rather, a floor under the economy.
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