The year closed on a strong note, with the Dow and S&P showing gains. The Nasdaq struggled a bit, but it ended December in the green. On the medical front, the omicron variant drove COVID cases to new highs. Still, the economic data kept getting better. Consumer confidence numbers bounced back, and consumer spending kept growing. Further, business confidence and investment remain very high.
Could there be risks ahead? Stay tuned to my latest Market Thoughts video to find out.