(Bloomberg) — A hawkish Federal Reserve, high inflation, war and pestilence are among the reasons to doubt the U.S. stock market rebound. Technical studies suggest such naysayers risk missing out on a run to a record high. Most Read from Bloomberg Skeptics are presently fixated on proliferating inversions across the Treasury yield curve, where shorter-term yields exceed those for longer tenors. Some view that as a harbinger of an economic downturn that will hurt stocks. While bear markets tend… Source link
Read More »S&P 500 Is Defying Skeptics on Run Toward Record, Charts Show
