Despite sitting near record highs, the S&P 500 has an even more impressive record it's close to breaking
Despite sitting near record highs, the S&P 500 has an even more impressive record it's close to breaking. If the benchmark index should rally just two more months (for a total of 64 months), it will be the longest continuous rally in 85 years. Ari Wald of Oppenheimer has 5 reasons why the rally may continue for the long-term. 1) Secular breakout above 2000-2013 range. 2) Accommodative Fed policy. 3) Attractive stock valuations versus bonds. 4) Cyclical sectors with stronger trends than defensive sectors. 5) US economy continues to grow. (VIEW LINK)
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
No areas of expertise
Please sign in to comment on this wire.