Reported 1 day ago
Michael Arone, Chief Investment Strategist at State Street's Global Advisors, emphasizes the importance of focusing on earnings rather than anticipated interest rate cuts from the Federal Reserve in 2025. He points out that with strong economic growth, manageable inflation, and solid labor market conditions, the stock market can thrive despite rising treasury yields. However, he warns that signs of a softening labor market could indicate potential concerns about the economy's resilience.
Source: YAHOO