Tag: Stocks

Traders work on the floor of the New York Stock Exchange (NYSE) on March 11, 2016

Stock Market’s Stunning Reversal Reveals the Shallowness of the ‘Longest Losing Streak Since 2011’

Despite the scary headlines about the “longest losing streak,” it’s the markets resilience that is truly remarkable. Many analysts and talkative investor-types had insisted the market would view the Obamacare replacement bill as a test of the Trump administration’s ability to enact its agenda. So when the bill seemed to be in trouble last week and, especially, when it went down in flames on Friday, stocks were widely expected sell off steeply. But that just keeps not happening.