How Much Longer Can the Market Rally?

The U.S. stock market has been surprisingly strong thus far in 2024. This, despite the fact that the Federal Reserve hasn’t cut the overnight rate, and doesn’t appear poised to do so anytime soon. So, what is driving the current optimism? How much higher can stock prices climb? What will it take for U.S. investors to finally sell their positions? Should we reimagine the traditional methods of valuing the markets? Are the younger generations changing the rules of the game?

In this week’s Trading Perspectives, Sam Clement and John Norris discuss the surprising continued strength in U.S. stocks, and ask the following question: “how much longer can the market rally?”