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How Nvidia Could Surge to Double Apple's Market Value
Fed's Kugler Says Immigration, Productivity Gains Have Strengthened Economy
U.S. Futures, European Stocks Rise
Investors are flocking to the 'old economy', and the US stock market in this area is experiencing the 'perfect upward trend' conditions.
Bank of America believes that the economy is "ready" for a new round of spending cycles, creating perfect conditions for cyclical stocks to significantly outperform large cap in the coming years, with strong returns expected next year, especially in the manufacturing sector. Morgan Stanley and Goldman Sachs also favor cyclical stocks, particularly in the financial sector.
As the end of the year approaches, will the "Christmas rally" in the US stock market arrive as expected?
As the year-end approaches, investors are beginning to anticipate the Santa Claus Rally in the US stock market in December.
Fed's Powell Is Speaking Today in Last Chance to Signal Next Move on Rates