It’s been three weeks since the election, and we’ve seen a significant market reaction. It seems the changes to monetary policy finally decided to show up in certain areas while not in others.
It’s been a long time since we’ve seen a positive narrative in the markets. Coming out of COVID, it’s been a never-ending stream of negativity. If it wasn’t a new strain of COVID, it was a new war breaking out or that mystical, phantom inflation that crept its way into our economy at exactly the wrong time. Pick your headline; it’s been nearly three years of one thing after another.