Over the summer months the bull market that has defined 2023 so far has been taking a break. The question is, can it regain momentum and push ahead again? Or as Oppenheimer’s Chief Investment Strategist John Stoltzfus puts it, is it just “the pause that refreshes?” While Stoltzfus notes the potential for “some uptick in volatility” in the weeks and months ahead, his overall view of what’s to come next will be encouraging to investors. “We remain positive on the US economy and the equity markets,
As the US economy shows further signs of strength, strategists have begun debating whether that means upside for stocks or further Fed rate hikes that could weigh on equities.
Daren Stoltzfus joined WESH 2 News as Sports Director in August of 2019. Before joining WESH, Daren worked as a sports anchor and reporter for WCIV in Charleston, South Carolina and as the Sports Director at WHSV in Harrisonburg, Virginia.