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
This year’s corn crop is in dire straits.
Bad is good, good is bad. That’s how markets are reading the latest headlines out of the U.S. and Europe, as stimulus expectations intensify.
Consumers can now access goods from anywhere
Economically, the major implication is in the energy markets. Lower energy prices are a good thing for many countries and for the global economy. The utility industry needs power generation capabilities after all.
