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Market Impact: 0.22
S&P 500 Still Has Legs To Run
Source: seekingalpha.com
Corporate EarningsAnalyst EstimatesMonetary PolicyInterest Rates & YieldsInvestor Sentiment & Positioning
The article maintains a Buy rating on the S&P 500, arguing that no recession is imminent despite macro volatility and a hawkish Federal Reserve rate hike. The bullish view is supported by Q2 S&P 500 earnings growth of more than 50% year over year and rising analyst estimates, which are seen as outweighing policy-related headwinds.
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moderately positive
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