
Stocks Are Really Enjoying Themselves In November
Pullbacks in equities will be "absorbed."
That's what someone from JPMorgan Asset Management told Bloomberg for a piece documenting large inflows to domestic stocks in November.
This month has been kind to equities despite election drama, disconcerting coronavirus news, and predictions that the US economy may contract in the first quarter, as containment protocols curtail activity. In fact, this is poised to be the fifth best November ever for the S&P (h/t Sarah Ponczek).
Small-caps hav
The FOMO is real! When does this new money become dumb money? Are we there yet?