We expect a strong U.S. labor market and solid consumer spending to fend off a recessionary environment.
Author: egpwm-dev
U.S. stocks rallied for the fifth consecutive week, notching new record highs along the way.
Stocks have hit new highs, and we see several reasons this bull market could continue to deliver more highs.
The S&P 500 Index reached a fresh new high October 28, eclipsing the previous high of 3,025 set July 26, 2019.
U.S. stocks finally reached new highs in their fourth straight week of gains.
In the spirit of Halloween, we discuss some of the tricks and treats that might spook the
markets between now and year-end.
markets between now and year-end.
U.S. stocks gained for a third straight week, and the S&P 500 Index brushed record highs.
The stock market has started October on a bumpy path. Many global issues remain unresolved, but seasonal forces, sound fundamentals, and breakthroughs on the trade and geopolitical1 fronts could help sustain the S&P 500 Index at record highs. Volatility can be uncomfortable, but we remain confident enough in domestic fundamentals that we would recommend suitable investors use any potential pullbacks to consider buying or rebalancing equity positions
U.S. stocks gained this week, making another run at all-time highs as investors watched global developments, and third quarter earnings season kicked off.
We have maintained our S&P 500 Index year-end fair value target of 3,000, even as the index hovers near that level following recent progress on U.S.-China trade discussions.
