Most indices clawed back towards ATH's this week. Might take a bit more time before another pullback. Short of Iarn going full bore against Ireasl, markets should continue climbing wall of worry. Still plenty of bears to take it higher it seems. Retirees with money waaay more than any previous generations and the ongoing transfer of that wealth from one generation to another has helped to underpin spending even tho inflation and interest rates are high. Jobs market is looking shaky but the stockmarket is not the economy so even in the face of weaker employment, with CB's lowering interest rates, Id say markets will grind higher with pullbacks on the way until data shows recession in the US. If data shows recession that is.
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