Reported 3 months ago
Goldman Sachs strategist Scott Rubner expresses optimism about the stock market, predicting a year-end rally starting on October 28, driven by strong economic indicators and investor sentiment. Despite mixed earnings prospects and valuations appearing high, with the S&P 500 trading above historical averages, various experts believe the recent strong job growth will support continued stock momentum. Investor confidence remains robust, with a notable increase in companies outperforming the S&P 500 index in recent months.
Source: YAHOO