Rapid Dow Recovery Imminent as Consumer Confidence and Wages Surge
The Dow Jones has recorded a gain of over 500 points since March 11 despite Boeing costing the index about 300 points since the market opened on Monday. Throughout the past two months, many strategists have said that the fundamental factors of the U.S. stock market remain strong with household net worth and wage growth on the rise. Recent reports indicate that the confidence of consumers and overall consumer spending are increasing at a steady rate, which may fuel the retail market following a poor fourth quarter in 2018. Rise in Durable Goods Orders a ‘Relief’ for the Dow According
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