The investment calculus for U.S. stocks could see a wholesale shift depending on the election outcome.
A return to economic normalcy is still a long ways away and investors have gotten ahead of themselves, the firm says.
The Russell 2000 Index is continuing its tremendous recent run.
The Dow is getting an outsize boost from companies previously pressured by the coronavirus, particularly Boeing.
A firm strategist warned that the coronavirus will damage profits and harm the economy to an unpredictable extent.
Modern Monetary Theory-driven fiscal policies could cause crippling inflation, say some economists.
So far, the U.S. stock market rally in 2020 is one of growth and momentum, not value.
The top five publicly traded U.S. companies now make up a record 18% share of the S&P 500 Index’s capitalization.
Vulnerability to a pullback has spread due to early-year volatility.
While equity market peaks often share similarities, no two are perfect twins.
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