Since hitting bottom last October, the S&P 500 has bounced back strongly – in fact, it’s up approximately 25% from that trough. A rally of that magnitude meets the definition of a bull market, and some economists are saying we’re experiencing just that. A word of caution, however, comes from investment firm Wells Fargo. In a recent warning to investors, investment strategy analyst Austin Pickle notes that a recession is likely in the near future, and says, “With stock valuations full, we believe
Need to Know: A Fed pause looms. Be careful what you wish for, say these analysts. Need to Know April 21, 2023 View in Web Browser A Fed pause looms. Be careful what you wish for, say these analysts. By Jamie Chisholm Critical information for the U.S. trading day olivier douliery/Agence France-Presse/Getty Images The