Notwithstanding some recent weakness following a downgrade of the United State's credit rating, stocks are off to their best start in more than a quarter of a century. The question now is whether the remarkable rally of 2023 can continue to run through year-end and beyond.
It's a perfectly reasonable question to ask. Thanks to the cognitive bias of loss aversion, bull markets always climb the proverbial wall of worry. Besides, everyone knows that stocks never go up in a straight line.
