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The Four Drivers Of This Bull Market

The Four Drivers Of This Bull Market: Tom Essaye Quoted in

S&P 500 Rally Hits a Wall in Run-Up to CPI Report: Markets Wrap

Last week’s news and data reinforced the four drivers of this bull market: Fed rate cuts by May, solid economic growth, continued disinflation and strong earnings, according to Tom Essaye at the Sevens Report.

“It’s important to acknowledge that this rally has been driven by actual good news and bullish expectations being reinforced by actual data,” Essaye said. “At the same time, the risks that kept investors worried in October (and even throughout 2023) haven’t been vanquished — they simply haven’t shown up yet.”

Also, click here to view the full article published on February 13th, 2024. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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