Cheers! Happy Times are Here Again for Stocks

Last week’s U.S. equity market strength translated into Asian and European strength Monday. Without any significant disruption from overseas, U.S. equity futures are indicating stocks can continue their upward trajectory today. As I stated in my report It’s Time to Buy Stocks, two fundamental factors have shifted in favor of stocks over the last two weeks. An improved Fed rate outlook and better economic indication underlie the latest strength. Also, oil prices seem to be firming with the better economic and Fed rate outlook, which presents a positive feedback loop for equities. See my full report on the stock market here.

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