As economic and monetary conditions continue to diverge between the United States and the rest of the developed world, stocks are poised for continued strength.
Volatility came roaring back this week as markets reacted to fears over disinflation, another European crisis and Ebola. It’s helpful to keep in mind, however, that corrections are part of the natural order.
Markets rallied yesterday after the release of “dovish” Fed minutes, however weak data out of Germany this morning appears to have quelled the momentum.
As the Eurozone’s economic recovery stutters to a halt, investors are turning to the United States for growth.
Second quarter earnings have been really good, the reach for yield might be cooling down and the market is crying wolf.
The bull market in US stocks has been very resilient so far.