Tuesday, November 19, 2024
HomeStock MarketInventory market heads into year-end with critical momentum. What meaning for December...

Inventory market heads into year-end with critical momentum. What meaning for December and past.


Barring a sudden bout of post-Thanksgiving indigestion, the U.S. inventory market appears poised to log a wholesome November rally. And whereas there are actually no ensures, historical past says momentum is more likely to beget momentum into year-end.

“I believe the market is ready up for a powerful, remaining six weeks of 2023 and I’d count on the market to construct on that momentum into year-end,” stated Michael Arone, chief funding strategist at State Avenue, in a telephone interview.

Drivers…

Grasp your cash.

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