These 8 charts suggest US stocks still have more upside ahead, despite recent slump

The bull market in stocks that started earlier this year isn't ending anytime soon, according to a Wednesday note from GlobalData TS Lombard. The i...

August 24, 2023
3:44 AM

The bull market in stocks that started earlier this year isn't ending anytime soon, according to a Wednesday note from GlobalData TS Lombard. The investment research firm upgraded its outlook for US stocks as the economy shows few signs of an imminent recession, adding that "equities probably have further to run." "The growing probability of a US reacceleration, coupled with continuing disinflationary trends, suggests the equity bull run will probably continue," TS Lombard's Andrea Cicione and Skylar Koning said.

Matthew Fox