Daily Note | December 1, 2023 | Will The Narrative Shift Back?

After a month for the record books, markets opened flat to start December as investors wait to see what Federal Reserve Chair Powell says at 11am EST at Spellman College.  

November snapped a three-month losing streak with the S&P 500 and Nasdaq rallying 8.9% and 10.7%, respectively.  Here's the thing.  Since the end of July, equity markets have barely m…