Reported about 1 month ago
According to Piper Sandler's Craig Johnson, the current bull market, which originated in October 2022, is still young and has the potential to continue rising. With the S&P 500 recently reaching new highs, Johnson believes factors such as lowered interest rates, a stabilizing yield curve, improved financials, and broad market participation suggest further upward movement. Historical trends indicate that new record highs often lead to even more gains, although uncertainties such as elections, geopolitical tensions, and premature rate cuts could pose risks.
Source: YAHOO