Posted 2/13/2024, 12:32:00 PM
Stocks Extend Gains While Economists Worry Fed Risks Recession
- Major US stock indexes posted 5 straight weeks of gains despite Fed signaling slower interest rate cuts
- Economists growing concerned Fed policy may be too restrictive and risk recession
- Investors show uncertainty through interest rate volatility even as stocks seem calm
- Super Bowl LVIII viewership broke records, cementing NFL's value to advertisers
- Surging cocoa prices hurting profits for chocolate makers like Hershey's ahead of Valentine's Day