Equity Market Minute

This week’s Equity Market Minute shines light on equity market ‘melt-ups’ and finds the current fundamental backdrop to be more conducive to a bull market than a euphoric rise in stock prices. Prior ‘melt-up’ phases were characterized by a rapid rise in price coupled with more tepid earnings growth. Earnings and price have accelerated at a similar pace this cycle, a trend that is expected to continue for the next few years.

More on this topic is available here. 

Do NOT follow this link or you will be banned from the site!