This stock market rally has persisted despite the fact that its original justification multiple rate cuts has fallen apart. Economic indicators have held up.
Prices rose faster than expected, and the first-quarter GDP looks strong. That’s was enough to force a rethink of when the Fed will cut, and an end to index.
U.S. stocks have set records while many overseas indexes have struggled. Is that about to come to an end? Probably not, given America’s tech-heavy growth.
U.S. stocks have set records while many overseas indexes have struggled. Is that about to come to an end? Probably not, given America’s tech-heavy growth.