Healthy Market Leadership
is Leading the Charge
In this week’s edition of the LifePro Asset Management Market & Portfolio Review, our head of Wealth Management, Robert Reaburn focuses on recent economic trends, the sustainability of the current business cycle and what that means for the stock market going forward as we sit at new highs.
To gauge the health of the recent stock market rally, Rob will be looking under the hood of the stock market to measure the level of stock participation in the rally and whether market leadership has a defensive tone or is being led by stocks that benefit from sustained economic growth.
We will also be analyzing investor sentiment and positioning along with the direction of money supply growth to estimate how much cash remains on the sidelines to support stock prices at current levels. Lastly, we will take a look at the divergence of small cap stock performance relative to the rest of the stock market and how that may affect the direction of stock prices going forward.
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