The Phaserl


Can the S&P 500 Continue Rising?

by Sasha Cekerevac, Investment Contrarians:

With the S&P 500 at all-time highs, market sentiment clearly is in the bullish camp; this must mean that all of our problems are solved and the future is bright for everyone—

Hold on a minute: if this were true, why would consumer confidence regarding the future decrease?

The Conference Board just released its Consumer Confidence Index, which reports favorable current conditions by respondents. I think we can all agree that the current economy is better than the conditions we’ve experienced over the past few years.

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1 comment to Can the S&P 500 Continue Rising?

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