An unusually slow recovery and unpredictable financial markets may be driving up recession worries, but it’s not all doom and gloom for the U.S. economy. The American stock market may be headed for a comeback, according to CNN Money. Two weeks ago, the market was in a tizzy over the crash in oil prices and depressing global growth. Although it closed lower on Friday, the Dow was up 1,100 points since its lowest point on Feb. 11, the article states. The S&P 500 also rose 4.7 percent over the prior two weeks. It’s certainly been a wild ride for investors. According to Bespoke Investment Group, 2016 has been the third-most chaotic start to a year in the history of the S&P 500. March may be the best chance for a stock market rally, a Raymond James analyst report reveals. The first five days of March have all posted annualized returns going back to 1950, the report shows. Historical data also suggests that markets tend to rally in the week following a Super Tuesday, in which a clear front-runner is chosen by the the political parties. To read more, click here.
