U.S. stock markets continue to build on optimism of a vaccine-driven return to normalcy and corporate profit recovery, with expectations for greater fiscal stimulus under Democrat-controlled government. To a large extent we think the market reaction has been justified.
The visibility of economic growth in the medium term has improved recently now that the election is behind us, while vaccine development has been much better than expected, and with it the confidence in the outlook for corporate profit growth has improved.
Here's what this indicator is saying about US stocks right now. ACTIVE INVESTOR WEEKLY EDITION: January 21, 2022 View in a browser FIDELITY VIEWPOINTS ® WEEKLY EDITION: January 21, 2022 Bollinger band stock signal Here's what this indicator is saying about US stocks right now. Read more CHART OF THE WEEK Inflation and corporate consolidation US industries have become
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