H&W in the Media
Advisor Intelligence: Why Investors Shouldn’t Be So Skeptical About The Stock Market Right Now
It seems as though you cannot open a financial newspaper or watch a financial news program these days without someone suggesting that a significant pullback in the equity markets in the short term is inevitable. This leads me to wonder why investors are so skeptical when many economic reports seem generally positive.
While it may be reasonable to argue that the stock market has rallied too high and too fast absent any significant gains on the economic front, it is hard not to also argue that the underlying economic foundation in the U.S. is solidifying to the point where a bear market or economic recession, in the short term, seems unrealistic. To understand this point of view, consider the various economic reports that have hit the wires over recent weeks:
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