It’s been a “bumpy” March if you listen to all the headlines. However, when you take a closer look at things, SPX is only -2.3% off highs. 2.3% should NOT be considered a “pullback”. If anything it’s a tiny exhale, but nothing close to a 5 or 10% pullback. Today is the last day of the 1st quarter, and overall it was quiet, solid quarter. Here’s a similar 2nd quarter! See you all in April.
Here’s what I’ve been reading this morning: