Oil, The Fed, Yields, Inflation: As January Goes, So Goes The Year

Just a quick update

“As January goes so goes the year.” Old saying on wall street.

The S&P 500 saw a 1.6% increase in January, resulting in a positive outcome for our January Barometer for the year 2024. Originally introduced by Yale Hirsch in 1972, this barometer has made only 12 significant errors since 1950, boasting an impressive 83.8% accuracy rate. The underlying ide…