Wall Street Strategists See Stock Rally Surviving Fed Rate Hike
Top Wall Street strategists are renewing bullish equity calls as stronger economic growth enables the market to weather an increase in interest rates.
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Top Wall Street strategists are renewing bullish equity calls as stronger economic growth enables the market to weather an increase in interest rates.
Higher borrowing costs also threaten the stock rally.
More European wealth managers have turned pessimistic on the regionโs stocks, taking the view that this yearโs rally is likely to falter while markets in the US and developing countries power ahead.
Australian earnings beats are outpacing misses for the first time in four years, defying a challenging economic backdrop and bolstering chances for a stalled stock rally to resume.