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New All-Time Highs in Everything
Let’s take a look at the list of all-time highs we’re currently experiencing: The U.S. stock market has never been higher: chart The S&P 500 bottomed in March 2009 at 666. It’s now close to 6,000. The Dow has gone from roughly 6,500 to nearly 44,000. What an incredible run. Gold is also at all-time highs: chart It’s rare to see stocks and the yellow metal simultaneously taking off like this. Housing prices are at all-time highs: chart The fact that this is happening with mortgage rates at 7% is something else. All the financial assets are going nuts so it would make sense the U.S. economy has never been ... (full story)
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- Posted: Nov 10, 2024 4:50pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,237
