Brendan Mcdermid | ReutersThe stock market keeps scaling new heights as investors focus on the good and ignore the bad, no matter how bad the bad parts might look sometimes.
Prospects for a slowing economy, geopolitical unrest and turmoil in Washington aren't scaring market participants largely because none of those threats have turned into much in reality.
As it has digested the various headwinds and tail winds, the market is pushing toward a record closing high.
Along with commentary from multiple Fed officials, the tight labor market has taken some of the steam of out the market's anticipation for rate cuts this year.
Where the market a week ago was nearly certain the Fed would start cutting in March and keep going with six more quarter percentage point moves this year, pricing shifted Friday.
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