Stock market outlook: Unsustainable melt-up possible with a hawkish Fed

surged 38% in the first half of the year, representing its best start to a year since 1983.

A melt-up rally in the stock market would be concerning to investors because such rallies are typically unsustainable and ultimately give way to painful losses on the other side, especially when valuations are already elevated. A resilient economy has muted skepticism, as evidenced by an increase in bullish responses to the AAII weekly investor sentiment survey.two more interest rate hikes are likely,The mismatch between what the market expects versus what the Fed is saying could represent downside for the stock market, especially if new inflation data proves to be sticky.

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Is the U.S. stock market closed on the 4th of July?The U.S. stock market will be closed on Tuesday in observance of the Fourth of July holiday, according to the New York Stock Exchange and Nasdaq, the two...
Source: MarketWatch - 🏆 3. / 97 Read more »

Forget QT - the Fed will boost stocks as balance sheet to top $16 trillionForget quantitative tightening - the Fed will double its balance sheet to over $16 trillion, boosting stocks
Source: BusinessInsider - 🏆 729. / 51 Read more »