Reported 18 days ago
Lazard's chief market strategist, Ron Temple, shares insights on the market's capacity to thrive despite the Federal Reserve's latest rate cuts and emphasizes strong corporate earnings and household sectors. He notes that while the current market environment appears robust, potential risks such as upcoming elections and growing budget deficits could impact future economic stability. Additionally, Temple anticipates a broader earnings growth cycle across the S&P 500 as the third quarter earnings season approaches.
Source: YAHOO