Reported 7 days ago
In a recent discussion, RBC Capital Markets' Lori Calvasina expressed concern that the current market valuations exceed reasonable expectations for 2024. She emphasized the importance of personal time horizons for investors and provided a conservative earnings outlook of 6200 for 2025. Calvasina highlighted several challenges, including economic uncertainties, labor market focus, and upcoming elections, suggesting that the ongoing rally may need a correction.
Source: YAHOO