Stories we should be thinking about
Here are a few finance and related stories to be thinking about ahead of the new working week...
April has proved to be a fascinating month…and typically a positive month as noted below:
The Nasdaq Composite, which earlier this week breached the 6,000 level for the first time, clocked its sixth consecutive monthly gain on Friday — the longest winning streak since 2013.
I also liked this via @charliebilello on the very low VIX (fear) index:
As I observed on Twitter:
Lower two observations in '94 and '07
Anything happen in the year or so after these observations ;-)
So what comes next? Well we know that classic valuations are firm…
…and Friday’s US GDP Q1 print was shabby led by a poor consumption quotient:
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