May 23, 2024
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Mitch Zacks at Zacks Investment Management doesn’t mind if they “build the wall,” i.e. the “wall of worry” that sometimes leads to rising equity prices. “Worrisome” economic reports combined with negative sentiment “signals to me that the wall of worry remains firmly intact,” he writes. To counteract the negative signals, jobs, consumer spending and earnings are all “solidly positive.”…

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