Spring is Here Vitalizing the Economy/Markets
As the calendar turns to spring, most signs point to continued strong performance for US stocks. Hiring was strong in March and coronavirus vaccinations are being administered at the rate of about 3 million doses per day. The economy is expected to really heat up in the 2nd Quarter, perhaps to a level of 10% annualized growth. The head of the Federal Reserve Board has signaled the status quo for the foreseeable future regarding monetary stimulus. These positive factors favor