Reported 1 day ago
Veteran fund manager Louis Navellier has raised alarms about potential surprises in the stock market this October, despite the S&P 500 showing significant gains year-to-date. Economic uncertainties persist as consumers remain cautious, particularly among lower-income households, even as employment data from September exceeded expectations. Positive job growth may impact bond yields and interest rate predictions, leading to skepticism about the ongoing stock rally.
Source: YAHOO