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Market Defies Expectations, Surges to New Highs | Raleigh News
Against all odds, the S&P 500 is surging to new highs—defying midterm election-year jitters and stretched tech valuations. Analysts like Sam Stovall at CFRA are stunned not by the rally, but by its strength, now forecasting a rare fourth straight year of double-digit returns. Underlying the surge? Explosive corporate earnings far exceeding expectations. While inflation and rising unemployment linger, market momentum is unstoppable. This bull run, if sustained, would be unprecedented since WWII—but don’t expect smooth sailing, especially with elections looming. Listen in comfort:Get a discount…
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