PNC Financial's Amanda Agati believes stocks have more room to run to fresh all-time highs, but she doesn't expect an easy run." on Wednesday. "It's going to be a busy calendar month certainly with the next round of tariffs going into effect mid-month, a U.K. general election coming and certainly impeachment-related news."Yet, she doubts it'll come at the expense of record gains.
"The macro noise has started to fade a bit, and that has enabled investors and certainly the market to focus on what we believe matters," said Agati. "That's really the underlying fundamentals and economic data improving."Her analysis follows Federal Reserve chiefWednesday before the Joint Economic Committee. He reiterated the Fed's intention to leave interest rates alone for the foreseeable future, and he expressed optimism regarding economic growth.
TradingNation Have PeterSchiff on your show! You haven't invited him for a long time. He was a loyal and good guest for many years. He has alot of followers that will give you alot of views!
TradingNation Uh huh and have heard that for months. How about don't fight the FED?
TradingNation Lol. What's the opposite of peaceful?