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Jan 05 2022

Confidence (Or Lack Thereof) Drives Stock Market Leadership

  • Jan 5, 2022

During the last year, real GDP growth was among the strongest of the post-war era, job creation was spectacular, wages rose by one of the fastest clips in almost 40 years, and annual retail sales grew by an astounding 18%. On top of that, housing activity was on fire, core capital-goods orders rose to a record high for the first time in more than 20 years, and corporate profits were unprecedented.

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About The Author

James Paulsen / Chief Investment Strategist