If all you had to ponder were the numbers, you would assume that everyone would have fond memories of 2021. Jobs were plentiful. Economic growth was the strongest it had been in decades, and stock returns were out of this world. It’s the kind of data that would have been celebrated just a few years ago.
“The outlook for Omicron remains the same, as cases continue to break records globally, but the lack of [a] sharp increase in hospitalizations is allowing stocks to rally into year end,” writes the Sevens Report’s Tom Essaye. Read More Up & Down Wall Street Still, it’s rare to see such a disconnect between sentiment and the stock market. Since 1997, there have been 12 years of declining sentiment, with the S&P 500 finishing higher during seven of them. The decline in confidence during those years, however, was usually relatively small.
I don’t know - Pelosi looks pretty stoked if you ask me
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