Reported about 7 hours ago
Despite concerns over high valuations, Ed Yardeni, president of Yardeni Research, remains optimistic about the ongoing bull market, attributing its strength to robust earnings, particularly in the financial sector. He emphasizes that strong performances from banks are crucial for sustaining market momentum and believes that earnings across various sectors, including tech and communications, will continue to rise, dispelling fears of a repeat of past tech bubbles.
Source: YAHOO