Robust Global Economic Growth Supports Stock Market Rally Without Fed Rate Cuts
===============
#df25ce9f ver:0.19
Despite doubts about a year-end rally, robust global economic growth may support a record-breaking stock market rally even without Fed rate cuts. Concerns about the labor market, consumer spending, and weak corporate earnings persist, but bulls argue that consumer spending remains robust. The recent rebound in stocks was fueled by the retreat of Treasury yields, and investors believe that the Fed is done raising rates. Wall Street professionals are facing challenges as fast-reversing markets confuse them, but the tech sector continues to show strength. The Fed's monetary pivot may be over, and tighter financial conditions may be necessary to cool the US economy. Robust global economic growth may offer equities enough support to resume a record-breaking rally, even if bets on rate cuts are abandoned. #stockmarket #economy #Fed #globalgrowth...
#newstr #StockMarket #RateCuts #Equities #GlobalEconomy #S&p500 #Investors
https://here.news/story/df25ce9f?ver=0.19