Stock Markets Hit All Time Highs Again May 15, 2024

Despite GOP predictions of recession and other economic disasters, all three major indices, the Dow 30, NASDAQ, and the S&P hit all-time highs this week. While it is true that the stock market is not the true measure of the economy, first of all, it’s certainly better for it to be up than down, and, second, much of the boost in the last few days is on the news of the cooling inflation. With unemployment under 4% nationally for the last 27 months, and wages rising faster than inflation for the last year, the economy is strong across the board.

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