Reported 8 months ago
As the stock market continues to set new records with a growing economy and lower interest rates expected, Wall Street's bearish sentiment has become rare. Equities strategists, who were burned by negative calls last year, are now mostly bullish, with the S&P 500 Index soaring. Despite some remaining skeptics cautioning about excessive valuation and market sentiment, the prevailing optimism is driven by decreasing recession and default risks. However, some pessimists warn of potential challenges stemming from higher interest rates that may impact growth later on.
Source: YAHOO