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Stocks Take Breather as Bitcoin Hits 2023 Highs

FS Insight Team

“Invest for the long haul. Don't get too greedy and don't get too scared.” ~ Shelby M.C. Davis.

Good evening:

Equity markets snapped their winning streak on this shortened post-holiday trading week as investors reacted nervously to Jerome Powell’s comments during the Fed Chair’s semi-annual appearance before Congress, as well as to a higher-than-expected rate hike across the pond by the Bank of England. 

Our Head of Research, Tom Lee, did not share their worries. His long-term outlook ...

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