Reported about 7 hours ago
Stocks have reached new record highs, driven by the Federal Reserve's rate cuts and optimism surrounding AI developments. Strategists like Michael Hartnett and Jeff Krumpelman note that despite concerns of a market bubble, historical trends and current economic conditions suggest further upward potential for equities. Caution remains, however, as market professionals express worries about overheating and speculative behavior, emphasizing the need to address underlying economic issues.
Source: YAHOO