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Axios: “Stocks go up”

By admin_45 in IN THE NEWS Axios: “Stocks go up”

Excerpt from Axios quoting DataTrek's Nick Colas:

.... "LPL chief investment strategist John Lynch argues that right now investors are optimistic but not overly so.

  • "We would expect to see more inflows and optimism before an ultimate market peak could take place," Lynch wrote in a note to clients.

Yes, but: DataTrek co-founder Nicholas Colas does point out one glaring issue: The bond market isn't buying it.

  • "Our largest worry is the remarkable complacency in long-dated Treasury yields," Colas said in a note"...

Read the full article here on Axios!

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Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.