'Bond King' Bill Gross tells us what the record stock rally needs to keep going
Briefly

'Bond King' Bill Gross tells us what the record stock rally needs to keep going
"Valuation casts a shadow over markets in 2026,"
"Lower interest rates would help, as would continued news that AI actually results in higher productivity, and continuing 15% plus earnings gains,"
"need of a cane to steady its momentum,"
The stock market's record rally has shown early-year wobbling and may stall without fresh support. Valuation casts a shadow over markets in 2026. Lower interest rates, ongoing 15%+ earnings gains, and evidence that AI raises productivity would help sustain momentum. Big Tech's AI-driven boom helped propel the S&P 500 nearly 80% over three years, but the index has whipsawed recently between gains and declines. Political unrest and increased government intervention — equity stakes, tariffs, and support for AI infrastructure — could undermine competition and allow less efficient firms to persist, threatening market resilience.
Read at Business Insider
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