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Monthly Market Review: Is This A Bubble?
Stocks continued their extraordinary run off the “liberation day” lows in October but the advance continues to narrow. The NASDAQ led the way, rising nearly 5% on the month, its seventh consecutive monthly gain. The only down months this year were February and March. The S&P 500 is also on a run, up 6 months in a row since it showed a small loss in April. Small and mid-cap stocks were mostly lower in October although the speculative Russell 2000 did manage a gain. That also continues a trend; the S&P 400 and 600 (mid and small caps) are up this year but only by low single digits, while the more ... (full story)
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