Why the Rally Really Stopped This Week

Jon Banking, Economy, Fiscal Policies, Geopolitics, Market Commentary, War

This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission.
Stocks finally broke their five-week winning streak as the Dow Jones Industrial Average lost 87 points or 0.5% on the week to close at 17,515.73. The S&P 500 dropped 14 points or 0.7% to 2035.94, while the Nasdaq Composite Index fell 0.5% to 4773.50.
All in all, it was a quiet holiday-shortened week in which investors ignored a major terrorist attack in Brussels and comments from several Federal Reserve governors that they are itching to raise interest rates.
Apparently both terrorists and Fed governors are losing their ability to frighten investors.
Here’s why that’s not a good thing.

This post was published at Wall Street Examiner by Michael E. Lewitt ‘ March 27, 2016.