"We are in the early innings of a bull market where the earnings recovery story has barely begun," Bradesco BBI's head of equity strategy Ben Laidler told Yahoo Finance Executive Editor"Earnings might easily compound at 15% a year if the economy keeps chugging along and you get a little bit of multiple expansion, which I think lower interest rates would justify,” he said.
This year the momentum has carried the Dow Jones Industrial average beyond 40,000, and the S&P 500 beyond 5,000. “We are in a very fundamentally supported market. Earnings are recovering, and rate cuts are coming,” added Laidler.Elon Musk vows Bill Gates will be ‘obliterated’ if he doesn’t stop shorting Tesla
'Warren Buffett knows this': Michael Saylor warns that the US dollar is on track to lose 99.9% of its valueFirst GST/HST credit payment from 2023 tax returns set to arrive July 5