Federated Investors’ Senior Portfolio Manager, Philip Orlando, goes in depth with the latest economic and corporate news affecting the stock market. "Over the past four years, the financial markets have shrugged off a mixed, but improving, economic picture, while largely ignoring the ongoing fiscal-policy dysfunction in Washington. Focusing instead on the resilience of the U.S. economy and a powerful rebound in corporate profits, stock investors have driven the Dow Jones Industrial Average to an all-time record high on the fourth anniversary of the Great Recession’s market’s trough, while the other major equity indices are not far off."
