U.S. stocks have regularly hit record highs over the past few weeks as a solid corporate earnings season and hopes of continued central bank support underpinned confidence.
"I feel like sometimes we end up trying to read the tea-leaves too hard, and the Fed has been pretty good on communicating on ," said Jason Pride, chief investment officer of private wealth at Glenmede, noting the Fed remains on the path to begin tapering around year-end.
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