Wall Street Bulls Say Stock Rally Can Resume Even Without Rate Cuts
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#df25ce9f ver:0.17

Despite doubts about a year-end rally, bulls argue that consumer spending remains robust. However, concerns about the labor market, weak corporate earnings, and reliance on credit cards persist. The recent rebound in stocks was fueled by the retreat of Treasury yields, and investors believe the Fed is done raising rates. Stock market veteran Ed Yardeni predicts a strong rally, citing a robust job market, cooling inflation, and positive business sentiment. Wall Street professionals are confounded by fast-reversing markets, with mixed economic data causing anxiety. The tech sector remains strong, but stock-bond clashes may be on the horizon. The Fed's monetary pivot may be over, and tighter financial conditions may be needed to cool the US economy. Despite these challenges, robust global economic growth may support equities and resume a record-breaking rally. #StockMarket #Bulls #Economy...

#newstr #StockMarket #Equities #RateCuts #EconomicGrowth 

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