Good fundamentals are prevailing! The economy is now stronger than many expected. Profit projections for next year are excellent. Housing is recovering, domestic energy production continues to grow, and manufacturing is strong. The Federal Reserve agrees it is now time to remove artificial props and began tapering. The stock market immediately climbed to new highs. It’s all coming up roses.
The U.S. stock market has had a huge year. Good years usually follow great years so what’s to worry about? Of course plenty, but now is a great time to take a deep breath and give thanks for the wonderful results we have had this year. Turn to the most important people in your lives and be thankful for all blessings. Be safe and have a wonderful holiday.