An analyst from Fundstrat suggests that the stock market could soon reach new all-time highs due to a combination of factors.
In a recent CNBC interview, he highlighted that strong fundamentals are bolstering the ongoing S&P 500 bull market.
The U.S. economy has shown resilience against high interest rates, and with the Federal Reserve beginning to lower rates, the outlook is promising.
Additionally, stimulus measures in China and significant cash reserves waiting to be invested could further boost stocks.
He pointed out that small-cap stocks are also nearing previous highs, with a potential breakout on the horizon. Despite recent disappointments, there’s optimism for these stocks, particularly as earnings growth accelerates.
He noted that small-cap valuations are appealing compared to larger companies, suggesting they may be positioned for a multi-year upward trend despite current volatility and uncertainty surrounding market factors.
Ripple Labs quietly emerged as one of the largest financial backers of Donald Trump’s presidential inauguration, contributing nearly $5 million just months before federal regulators began softening their stance toward the company.
Amid rising regulatory pressure and political uncertainty in South Korea’s crypto sector, Bithumb is restructuring its business in a strategic move ahead of a planned IPO.
A recent push by French lawmakers to weaken encryption in messaging apps has drawn sharp criticism from Telegram’s founder, Pavel Durov, who warns that such efforts are a direct assault on personal privacy in the digital age.
Polygon has climbed to the forefront of the NFT market, taking the lead in weekly sales volume and surpassing Ethereum for the first time in months.