) is moving to the upside Tuesday morning as Federal Reserve Chair Jerome Powell testifies before the Senate, speaking on the state of the US economy. While some on Wall Street believe that Powell's comments suggest moving towards interest rate cuts, others are) could play out in the next couple of months and what he believes will be the drivers of a new bull market.
We're also currently getting the start of Secretary Yellen's commentary as well this morning and all this coming ahead of key inflation data and the start of second quarter earnings.Despite all the potential risk to come, our next guest does say that investors are going to quote, keep climbing the wall of worry as the bull market continues, joining us to discuss that and more.
Maybe at this point are are those the factors that you think are going to cause maybe a bit of a slowdown, even though it might only be brief, It sounds like so your typical year in the S and P 500 has, you know, three pull backs.You know, it's the most important number in markets.It's been sticky, you know, more stickiness could, especially after the gains we've had, could give us a little bit of indigestion.
There was a little bit of volatility, but basically, I think, you know, markets have made their peace with a, um uh with a trump presidency.TFSA: 4 Canadian Stocks to Buy and Hold Forever "Fake it till you make it may work in Silicon Valley, but for the rest of us, I think once bitten twice shy may be more appropriate for AI," MacroStrategy Parternship's Ferguson told Bloomberg.The iShares S&P/TSX Capped Energy Index ETF, a basket of Canadian large-cap oil and gas companies, has climbed about 17% year-to-date, outperforming the broader Canadian market.Two blue-chip stocks from the banking and energy sectors are excellent sources of pension-like income.
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