The stock market has rallied 63 times after a correction. Why this time is different, says Deutsche Bank.
It’s probably going to be a quiet week except in the world of artificial intelligence, where the soap opera around ChatGPT maker OpenAI plays out ahead of Nvidia results on Tuesday. More on that later.
November has proved to be a terrific month for the stock market, even compared to the usual good cheer that the 11th month brings. The 7.6% advance for the S&P 500 SPX this month is on track for the best November performance since the 10.8% surge in 2020, back when Pfizer announced that the coronavirus vaccine was effective.