Despite a 6 week long correction, large cap stocks continue to gain new ground. The global slow down, threat of Ebola, protests in Hong Kong, potential Ukraine-Russia conflict, weakening of Europe’s economy and many, many other dark clouds, the US market is finding a way to push forward.
Quartz has a nice piece illustrating the improving US economy
The chart below summarizes some of the key headlines from Reuters over the last few weeks. It helps to put the market in perspective and helps us recall the crisis-du-jour.