Steve Sosnick, Interactive Brokers’ chief strategist, discusses the S&P 500 and if he sees the current momentum continuing in the stock market.
Sosnick sees solid momentum behind the current market rally. Corporate earnings are solid and the US Federal Reserve has backed off further rate hikes.
Photo Credit: Lukas Schlagenhauf via Flickr Creative Commons
Love the presentation, including the public Google doc with data.
The skeptics keep underestimating this rally’s durability
Stepping back to take a look at historical price-to-earnings ratios for U.S. equities.
The Atlantic has a great interactive infographic that groups America into twelve different “states” based on economic similarities among different counties. Click […]
