The market has been very strong this month with the price change on the S&P 500 being up 6.34% month to date. Performance numbers like this should represent a growing economy and booming earnings. However, the latest employment report has a drastic disappointment and earnings growth is slowing. Additionally, all the talking heads on tv are discussing when the Fed will cut rates. And, as we know, the Fed cuts rates to help stimulate a stalling economy.
So what gives? We have a roaring stock market and a potentially slowing economy.
This is something to watch for sure.