Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Investors stunned by last week’s strong rally in stocks may want to listen to Tom Waits’ song, 1978’s “Whistlin’ Past the Graveyard,” to sober up the dangers that still lurk. The surge in stocks catapulted the S&P 500 SPX index, +0.92% TO SPY, +0.97% almost back to the 4,000 mark on Friday, also taking it …

Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard Read More »