S&P500 upside is limited for now
We have rallied a long way since the lows, markets are not linear and the price will have to digest the move.
What will likely drive the markets higher is earning, a contrarian but realistic outcome when you consider that wage growth is outperforming inflation by almost 3%.
This, of course, would likely lead to a price rally while earnings multiples are falling!
What will likely drive the markets higher is earning, a contrarian but realistic outcome when you consider that wage growth is outperforming inflation by almost 3%.
This, of course, would likely lead to a price rally while earnings multiples are falling!
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