Investors Remain Optimistic Despite Nagging Thoughts of Stock Market Correction
===============
#00c74072 ver:0.29
Despite nagging thoughts of a potential stock market correction, investors remain optimistic as the US stock market continues to reach record highs. The first quarter of 2024 saw gains of over 10%, easing initial investor angst and trepidation. While US stocks are considered expensive, they are not at extremes, and earnings forecasts for next year are rising. Additionally, the US economy is expected to avoid a recession this year, and interest rates are projected to start falling over the summer. Volatility gauges in stock, bond, and currency markets are also unusually subdued. Although the picture outside the United States may be patchier, stocks in Europe and Japan are cheaper, and the economic growth nadir in both areas may have already passed. The recent Bank of America global fund man...
#newstr #StockMarket #Correction #Equities #InterestRates #EconomicGrowth #Volatility #Investors