Why the stock market rallied in July and what comes next, according to experts

meant to slow economic activity, slash demand, and dial back inflation.

It hardly sounds like the makings of a stock boom, which relies on investor optimism about the outlook for corporate profits.Over the first half of the year, as the market plummeted and pessimism reigned, investors lowered their expectations, the strategists said. Last month, when the Federal Reserve signaled it would someday ratchet down rate increases and many corporations reported better-than-anticipated earnings, investors saw a reason for a turnabout in sentiment, they added.

"It's not about good or bad," Ryan Detrick, the chief market strategist at Carson Group, told ABC News. "It's about better or worse."Sameer Samana, senior global market strategist at Wells Fargo Investment Institute, said it will prove difficult to keep that fire lit.MORE: Skyrocketing rents pain tenants as inflation rises

But the surge in demand for goods and labor far outpaced supply. COVID-related bottlenecks in China and elsewhere slowed delivery times and infection fears kept workers on the sidelines. In turn, prices and wages skyrocketed, ultimately prompting sky-high inflation that had not only endured for many months but had also gotten worse, even as economic growth slowed and recession fears grew.

It rallied because it’s rigged🤡

esurance Allstate HORROR story. Please share yours. Thanks.🙏🏻

Hello abc. If the experts actually knew what was coming. They wouldn't tell you. Every educated person knows this. Why? Because they wouldn't work for you, they would be very wealthy.

I Treat And Cure Herpes, genital warts, HIV/AIDS, COPD DISEASES, KIDNEY DISEASES, HEPATITIS ABC, ENDOMETRIOSIS, LOW SPERM COUNT, CANCERS, FIBROID, GONORRHEAL, FALLOPIAN TUBE, INFERTILITY, WEAK ERECTION, EYES ISSUES, be it hereditary illness or spiritual attacks.

CCP's unrestricted judicial war against MilesGuo , mistreated by U.S. DOJ

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Did the stock market peer through ‘rose-colored glasses’ as tech surged in July?Growth and technology-related stocks jumped in July, with investors now trying to discern what recessionary risks mean for their recent bear market rally.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

July NFT data wrap: Investor interest in gaming, NFTs continued despite market downturnDeclines in monthly NFT marketplace volume continued last month as the industry entered Q3 mired in the bear market. How do get around paying taxes on thiss . $BNB is still the home to the best gaming ecosystem in Web3 right now. Many quality games played heavily in Asia
แหล่ง: TheBlock__ - 🏆 464. / 53 อ่านเพิ่มเติม »