Bearish investors overly confident on their stock market view: Yardeni

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

These 2 charts show the stock market isn't in as bad a spot as some bearish investors might think

No matter what the fundamental reason of the day, week, or month is, bearish investors often highlight two different charts that help confirm their negative view on stocks.countered that bears get it all wrong with those two charts because they fundamentally don't understand what drives the stock market higher: corporate profits.

Now that the Fed is reducing its balance sheet by nearly $100 billion on a monthly basis, stocks are due to fall, or so goes the bearish thinking. But as long as corporate earnings continue to grow, the stock market can rise in the face of a declining Fed balance sheet, as it did in 2017 and 2019.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités