The Stock Market Had a Wonderful Year. Too Bad No One Enjoyed It.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Barron's: The stock market had a wonderful year. And no one enjoyed it.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I don’t know - Pelosi looks pretty stoked if you ask me

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stock Market: China struggles to please bulls amid firmer yields, Omicron woesAsian Stock Market: China struggles to please bulls amid firmer yields, Omicron woes By anilpanchal7 Asia RiskAppetite Coronavirus China YieldCurve
Source: FXStreetNews - 🏆 14. / 72 Read more »