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Trader Peter Tuchman works on the floor of the New York Stock Exchange, Thursday, June 20, 2019. Stocks are opening broadly higher on Wall Street, erasing the market's losses from May and setting the S&P 500 on course to reach another record high. While the market has enjoyed an impressive rally this year, global downside risks are building, theThe upcoming US corporate earnings season is unlikely to serve as a catalyst that drives stock prices meaningfully higher, T.
"Markets are near highs and risks are rising, so it's not time to be a hero," Rob Sharps, the firm's head of investments and group chief investment officer, said."It's a good time to be diversified, invest strategically, and have your shopping list ready in case stocks pull back and go on sale." Slowing global economic growth could improve if trade relations between the US and China don't deteriorate further, the firm said. While T. Rowe — which oversees $1.07 trillion in assets — is"generally constructive" on the market through year-end,"risks are building."
The flag kept swaying in the wind. And the loud noise scattered the birds. Indeed, the boat rocks a bit.
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