The Biden Economy

[Chicks]

S&P 500's latest record closes out best first quarter since 2019
https://finance.yahoo.com/news/stock...163301770.html

What largely started as a megacap-driven rally has shown signs of broadening. Wall Street firms almost can't keep pace with the S&P's surge and have continued to move up their year-end price targets. And history suggests the momentum could continue.

A final reading on fourth-quarter GDP released on Thursday morning showed the US economy grew at a rate of 3.4% versus a prior estimate of 3.2%. On the employment front, initial jobless claims for last week came in at 210,000, versus estimates for 212,000.

Thanks, Joe!