Another round mark falling
The S&P index is having another ATH, we crossed 6800 points today. YTD performance sums up to be +15% which is a quite good year.
Driven by the anticipation of more rate cuts - since lower than expected CPI data came in - the US stock market is climbing. Inflation for September was 3.0% while the market expected it to be a bit higher.
This development makes one thing clear again: If you are not investing, the purchasing power of your money will melt away like an ice cube in the sunshine. 3% annually compounds to huge numbers over the years. Get moving!
