Stocks are likely to push higher through to the end of the year. It’s what we usually find after mid-term elections. But for now, this feels like another bear market rally… which will likely find resistance around the zone of 4100 on the S&P 500. We are a long way from any Fed “pause or pivot”…
Currencies
Actionable market insights delivered to your inbox weekly
‘Fed Whisperer’ Spurs Market
The rally is on… but how far can it go? I will share my thoughts. And whilst we’re likely to see a short-term shift in sentiment… longer-term headwinds remain.
Short Term Rip… Then a Bigger Dip
Another bear market rally or something else? My view is the former until proven otherwise. For me, we need to see yields and the dollar peak. But in the meantime – don’t be surprised to see this market add 10%+ before pulling back.