Rolling Recession Has Turned Into a Recovery, Limiting Stock Market Downside
"Stocks may be due for a technical correction, but the underlying economic fundamentals should limit any downside move," Ed Yardeni said.
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"Stocks may be due for a technical correction, but the underlying economic fundamentals should limit any downside move," Ed Yardeni said.
"The bottom line is we remain overweight stocks and underweight bonds, with new highs this year not very far away for stocks," Detrick said.
"The wall of worry could continue until investors feel pain in long bonds or FOMO in equities," Bank of America's Savita Subramanian said.
"Retail's uptick in buying can extend over the coming weeks and, in turn, support equity markets' grind higher," Vanda Research said.
A 14% gain in the stock market sparked by AI-induced profitability gains would send the S&P 500 to record highs near 4,900.