Reported 8 months ago
Stocks reached new all-time highs with the S&P 500 setting records, driven by strong earnings growth. Analysts suggest that current price increases are justified by favorable fundamentals like strong cash flow generation and resilient profit margins. Market pros emphasize that earnings, rather than valuations, are now driving stock prices, making the current market different from past tech bubbles. While macroeconomic data points towards a soft economic landing, tight monetary policies and elevated recession risks remain, but consumer and business financial health is strong, setting a positive long-term outlook for stocks.
Source: YAHOO