The stock market is starting December with a sense of cautious optimism after a strong performance in November.
Investors are hopeful about potential tax cuts and deregulation under the new administration, which has contributed to positive sentiment in the market.
The market will be closely monitoring key economic indicators and speeches from Federal Reserve officials for further insights into the health of the economy and potential actions regarding interest rates.
The recent rally in the market has been driven by expectations of fiscal stimulus and a rebound in consumer spending.
However, concerns over inflation, supply chain disruptions, and potential interest rate hikes remain.
As economic data continues to be released, market participants will be analyzing the implications for growth and inflation.
Overall, the focus will be on navigating the complexities of the current economic environment while capitalizing on opportunities for growth.