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
A common rule of thumb is that it’s better to rent a home when the cost of buying is at least 20 […]
The economy seems to be doing just fine, with GDP around the 3% levels to which we had become accustomed, making it unclear why rate cuts are even necessary, particularly in the US.
It’s not an all-clear sign for the economy, but it’s encouraging.
These four charts strongly suggest a recovery is underway in the scorched American housing market.
