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Business

Steve Reitmeister

November Stock Market Outlook

Steve Reitmeister Stock Market Reity US Federal Reserve

Indeed the stock market looks haunted this Halloween season as we continue to wallow under the 200 day moving average for the S&P 500 (SPY). Sure, there are some positive sessions like we enjoyed to kick off this week. However, the overall the mood is rather negative.

This is all happening while recently soaring bond rates have leveled off. So why is the mood still so dower? And will that keep the Santa Claus rally away this year?

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