Why Stocks Are Rallying
August 05, 2022 at 09:58 AM EDT
Investors’ conviction that the Fed is killing inflation, and will soon end its tightening, drives the rally. Our 6-month Equity model forecasts an additional gain of 7.4% despite the market rally in July. Accordingly, we keep our strategies in maximum-bullish positioning. Stocks rebounded strongly in July despite continued Fed tightening and weak economic data. The [...] The post Why Stocks Are Rallying appeared first on ETF Trends .
