The stock market could see a major upswing to end 2021 as a part of an “everything rally” sparked, at least partly, by falling cases of the delta variant, predict analysts a Fundstrat Global Advisors.
“What is also interesting is the IHME is not forecasting a fall surge. That is, they are not expecting a renewed wave of cases in the fall. The fall is back-to-school season, plus the start of flu season. Yet, the IHME sees this wave petering out,” wrote the Fundstrat folks, adding that this emboldens their prediction for a broad rally of assets at the end of the year.
Lee’s comments come as the Dow Jones Industrial Average DJIA, -0.20%, the S&P 500 index SPX, -0.08% and the Nasdaq Composite Index COMP, +0.17% were trading at or near record highs, with all three benchmarks look at year-to-date gains of at least 14%.
Enter psychodogecoin shilling contest by clicking here first place wins $500 second place wins $300 third place wins $100” BSC psychodogearmy psycho crypto elonmusk competition giveaway prize money cryptocurrencynews psychodoge sweepwidget
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin to $250,000, plus secrets from a market wizardBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Reality! 1usdt=0.001usd thats a massively bearish sign if you guys are shilling 250k target Gee...I bet the 'expert' who mad that claim just bought a whole bunch of bitcoin he would like to pump and dump.
Read more »
5 things to know before the stock market opens MondayDow Jones Industrial Average and S&P 500 futures indicated a lower open for the benchmark indexes to kick off the new week.
Read more »