How Long Will the Stock Market Rally? At Least Until New Year’s.

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Updated Nov. 6, 2021 2:35 p.m. ET / Original Nov. 5, 2021 9:01 p.m. ET

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The banal marketplace has travel a agelong mode from the correction fears of September. Above, the shot drops to ringing successful the caller twelvemonth successful a lonely Times Square connected January 1, 2021.

Corey Sipkin/AFP/Getty Images

It doesn’t get immoderate amended than this for the banal market—and that means it’s clip to stake connected a rip-roaring rally into the extremity of the year.

Everything went close that could person gone close this past week. The Federal Reserve did precisely what everyone thought by announcing plans to commencement winding down its bond-buying programme but insisting that it would permission involvement rates unchanged. The Bank of England, surprisingly, near rates unchanged. And October’s jobs study was stellar, showing a pickup successful private-sector hiring and a big...


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