With this influx of good news has come a wave of investor optimism, and strong sentiment has pushed the S&P 500 higher than many analysts were expecting it to go this year. But the strength of the stock market rally could potentially be its own undoing, as valuations outpace reality and investors might drag the market back down to earth.
These include strong performance among bank stocks after the banking crisis of earlier this year, a recovery in oil prices after trending downwards for the past few months, and higher advertising spending after a slowdown in the first half of the year. Not all the news is good news, however. While investors will likely continue to focus on falling inflation data as a sign that it's time to jump back into stocks, Kron is worried about investors' habit of buying on any decent economic data readings — even if the data itself isn't all that strong.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »