February was a consolidation month for stock markets

February 28th, 2006|by Michael Ashley Schulman, Greg Pellizzon, Perspectives, The Big Picture, Writers|

February was a consolidation month for stock market levels. Following January’s market optimism, the US economy continued to power through February. Although market levels were tested and US Treasuries weakened, nothing collapsed. For economists and strategists, the largest pill to swallow was the realization that the Fed may not be as close to the end […]