The U.S. stock market hit a record high on January 27, 2026, as investors prepared for additional Fed rate cuts, fiscal stimulus, and fading inflation.
Most of us have been taught that diversification provides benefits. We’re told there are assets that can be held alongside equities to smooth out the twists and turns of the market.
The Institute for Supply Management (ISM) conducts a massive monthly survey of hundreds of Purchasing Managers, which are the executives responsible for buying the raw materials and supplies that keep companies running.