Even after the market crashes, investors are still making two implausible assumptions about the next six months, this economist says

This is not the first time that inflation numbers have surprised the market. The bad news was the S&P 500 SPX, + 0.30% It saw the biggest one-day drop in two years, dropping 4.2%. The good news is if you check your 401(k) it will only go back to last week’s levels, futures are holding … Read more