Jesse began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Since moving to Bend, Oregon in 2000 and founding The Felder Report shortly thereafter his writing and research has been featured in major publications and websites like The Wall Street Journal, Barron's, Yahoo!Finance, Business Insider, RealVision, Investing.com and more. Jesse also hosts and produces the Superinvestors and the Art of Worldly Wisdom podcast.
Despite the stock market rally so far in 2023, the S&P 500 Index has not come close to regaining its all-time high put in early last year, states Jesse Felder of TheFelderReport.com.
It’s no secret that for the past decade and a half, the Federal Reserve has made it its mission to create a “wealth effect” in the economy by boosting asset prices, states Jesse Felder of TheFelderReport.com.
There has been a lot of talk in recent months about the narrowness of the rally in stocks so far this year, states Jesse Felder of TheFelderReport.com.
Last week, the Treasury Department revealed that the federal deficit hit $1.1 trillion in the first half of the fiscal year ending in March, $432 billion larger than the same period a year earlier, states Jesse Felder of TheFelderReport.com.