What 7 Key Market Indicators Are Telling Investors Right Now
I have reached the point where I no longer ask whether the market is bullish or bearish. That question is too clean for the disorderly little carnival we actually invest in. The market can be optimistic about earnings, nervous about inflation, indifferent to weak hiring, enthusiastic about artificial intelligence, terrified of oil, and somehow still find time to punish a company for beating estimates incorrectly. That is what makes investing so entertaining in the same way that discovering water in the basement is entertaining. There is always something happening, and none of it respects my schedule. Right now, the S&P 500 is near record territory. Corporate profits are growing. Credit markets are calm. Most stocks are participating in the advance. Those are not minor details. They are the sort of evidence that usually appears in a healthy bull-market argument. Unfortunately, the rest of the evidence did not receive the memo. Inflation is still above the Federal Reserve’s target. T...
