Beyond Bulls & Bears

Are US Stocks Reacting Rationally?

Are US Stocks Reacting Rationally?

Even with valuations increasing, we believe many of the same factors that drove the market higher in the last few years appear to remain in place. In particular, we think low inflation and accommodative monetary policy around the globe, combined with improving economic data and corporate profits in the United States, could be supportive of continued market growth in the years ahead.