Reported 8 months ago
The S&P 500 achieved its 30th record close of the year, prompting discussions about market calm and investor nervousness. Tim Urbanowicz of Innovator Capital Management emphasizes that historical data shows all-time highs are not signals for selling but rather indicate good times for equity investment with an average 12-month return rate of around 12%. He advises staying invested in large-cap and tech stocks, particularly amid uncertainties regarding interest rates, inflation, and potential market volatility leading up to the next election year.
Source: YAHOO