Forbes: “Bull Market Rally: How Long Can It Last?”
By datatrekresearch in IN THE NEWS
Excerpt from Forbes quoting DataTrek co-founder Nick Colas:
.... "DataTrek Research co-founder Nicholas Colas says an end to the Fed tightening cycle will be good news for the stock market, but investors must also ask themselves what the next positive catalyst for the S&P 500 will be.
“The most logical answer is continued operating leverage in Big Tech and a surge in consumer spending, since wage gains now exceed inflation. It is hard to put an S&P price on that dynamic, but another 5-10 percent gain seems reasonable,” Colas says"....
Full article here on Forbes.