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
Money managers are turning dour on the economy, based on the latest BofA poll. Yet market sentiment has not reached extremes.
Low market volume may say less about the quality of rallies and more about the disadvantage of very large investment funds that have lost their nimbleness.
US equity indices did well in 2012, but international markets did even better.
The talk is from Sir Ken Robinson with animation from RSA:
