QUICK NOTE: Fourth Best Start to a Year Ever and FOMC Confirms Slower Growth

“Thru 55 trading days, 2019 is now the 4th best start to any year ever on [the S&P 500 Index].” – @OddStats

Here’s a list of those four best years, the return through day 55 and the return from that point forward for the rest of the year.

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Also, yesterday the Federal Reserve essentially announced they are aborting quantitative tightening (interest rate hikes and balance sheet reduction) due to concerns of slowing growth as I also mentioned yesterday.

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