This Old Bull Still Has Legs
The article discusses the resilience of the current stock market bull, which continues to be driven by earnings. It highlights the differences between cap-weighted and equal-weighted indices, suggesting that the former may outperform. The piece also offers insights for cautious investors navigating the market.
- ▪The stock market bull is aging but remains earnings-led.
- ▪Valuation and breadth are key factors in the current market environment.
- ▪Cap-weighted S&P indices may outperform equal-weighted counterparts.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
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