Reported 27 days ago
Despite a seemingly robust economy and a record-high Nasdaq Composite this year, many investors find the current bull market 'weird.' Analysts point to a cognitive dissonance, as economic indicators suggest a soft landing, yet the dynamics of Big Tech earnings and external factors create uncertainty. Unlike previous bull markets, this one is influenced by a unique rate environment, which has surprisingly reduced interest payment burdens for non-bank corporations, fostering sustained expansion despite aggressive rate hikes. The ongoing economic growth continues to challenge traditional market norms.
Source: YAHOO