Stocks gained more than 10% for the second quarter in a row, the economy is doing great. What’s behind all this good news and can it last? Get the latest insights from Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese.
Highlights include:
- Profits are rising, along with profit expectations
- The labor market and incomes are strong, which are driving consumption
- Cyclical sectors like financials, materials, energy and industrials are beginning to show strength
- Bonds were down a bit for the quarter
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