This chapter discusses the recent historic rally in the stock market and explores the reasons behind it, contradicting earlier economic predictions and expectations of an economic slowdown.
The S&P 500 closed at a record high on Jan. 19, for the first time in two years. It was the start of a winning streak. In today’s Big Take episode, Bloomberg markets editor Chris Nagi joins the show to discuss why Wall Street’s somewhat pessimistic expectations for this year’s stock market were blown out of the water.
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