April was pretty brutal for investors. But kind of hard to complain given the pace of gains over the past several months. So, it was as good of a time as any to take some profits off the table.
May has started off strong with gains accruing across the board. However, one does have to ponder how much more upside is ahead until the Fed is truly ready to lower rates. So let’s appreciate what the tea leaves are telling us about inflation and rates to guide our investing plan in the weeks and months ahead.
