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Here’s why Cratus Capital sees double-digit gains for stocks

Stock traders were initially enthusiastic after another round of solid earnings and guidance from Micron Technology (MU) after yesterday’s close but were then taken aback by Apple’s (AAPL) announcement of price increases.

Overall bullish holiday sentiment, positive news on a handful of AI-related megacap tech names, and continued investor optimism for the Fed to adjust rates at its next meeting powered the advances.

Given elevated debt levels, how does the country maintain operational functionality?