Consumers are increasingly optimistic as inflation improves and the job market remains strong. While there are still challenges ahead, consumer spending could continue to support the economy and stock market.
The S&P 500 index recently closed above 5,000 and set a new all-time high, less than three years after it first crossed the 4,000 mark. While some are understandably nervous any time the market is near record levels, investors also tend to grow more bullish as the momentum continues
The current economic environment is far from perfect but is still significantly better than what many had feared only six months ago. This is a reminder that consensus views are not always correct and can change rapidly as conditions shift. That said, with markets having priced in a return to normalcy already, it will be important to stay balanced as the inflation, Fed, and economic situations evolve.
You may think you need to choose a financial advisor in your local area, but there are a lot of reasons not to limit your choices. Here are some factors to consider first when weighing your options.
How might a mother make wise financial choices with her future in mind? This article covers numerous paths to consider.
