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
The global bond market is getting volatile heading into 2017
The US and European auto industries are on divergent paths.
The rally accelerated on Friday as a better-than-expected April jobs report eased some concerns about the economy’s strength.
I’ve been wrestling with what appears to be an obvious conundrum regarding the stock market’s mentality. Equity investors say they are hopeful for a soft landing for the economy yet seem to relish signals of more overt weakness.
