Climbing the Wall of Whatever
Last Week: Stocks hit new highs, with the S&P 500 gaining 0.86% to finally close above its January 26th top, while small stocks fared even better, as the Russell 2000 surged 1.93%. The often-cited adage is that the stock market climbs the wall of worry. I would suggest that the current market is instead climbing the wall of “whatever”, because no one seems particularly worried about anything. The global supply chain and [...]