Bull markets are rallies that go beyond 20 percent and are never interrupted by a 20 percent fall. In many corners of Wall Street, that means the S&P 500 rally that began in March 2009 is about to surpass all that went before.
Informa’s chief macro strategist weighs in on what’s to come.
Things don’t look promising.
Billionaire entrepreneur Mark Cuban says high U.S. debt and worry over Trump’s trade proposals have prompted him to get out of the market.
Traders’ return from summer holidays is a catalyst.
Though the market overall is reasonably valued, there are pockets of extraordinary risk in the technology sector.
But, the Financial Sector is left out in the cold.