Image Source: Pexels
In the wake of interest rates cuts now coming from the Federal Reserve, the ECB and the Bank of China, could the stock market experience a melt-up to S&P 600 — or higher — by the end of the year?Portfolio manager Lance Roberts thinks it’s quite possible, especially given stocks’ recent technical breakout.We talk in depth about that in this week’s Market Recap, as well as the latest inflation data (PCE), the recent revisions to GDP, GDI and personal savings, and the continued risk to the Yen/Dollar carry trade now that a more hawkish Japanese Prime Minister has been elected.Video Length: 01:40:44More By This Author:Leading Indicators Say ‘No Recession’ Over Next Few Quarters?
40% Inventory Surge Striking Fear In Home Sellers In More And More States
Both Presidential Candidates Will Only Make Our Debt Problem Worse

Print Friendly, PDF & Email