Bull market has room to run despite Fed risks Strategist

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=sDc0P_QWyco

#bull #fed #yahoofinance • The S P 500 (^GSPC) is on the verge of achieving a significant milestone: six consecutive months of gains. To discuss current market dynamics, Carson Group chief market strategist Ryan Detrick joins Market Domination. • Detrick highlights a pattern in October's trading. The S P 500 hasn't moved up or down by 1% during the entire month, a phenomenon that has occurred only twice in the past 50 years. He notes this represents one of the least volatile October periods preceding an election. • As the bull market enters its third year, Detrick compares it to five previous instances of similar market conditions. In those cases, bull markets averaged gains of 288% over an average duration of eight years, he explains. With the current bull market up only 62% after two years, Detrick expresses optimism, stating, We simply do not see a recession on the horizon. • However, Detrick identifies the Federal Reserve as the primary risk to this bull market. • We've been in the camp that inflation is last year's problem, he states. While acknowledging that markets have risen for five consecutive months, he cautions that the Fed could make a policy mistake regarding monetary policy. • To watch more expert insights and analysis on the latest market action, check out more Market Domination here. • This post was written by Angel Smith • Yahoo Finance: Market Coverage, Stocks, Business News • About Yahoo Finance: • Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. • Get the latest news and data at finance.yahoo.com • Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) • Follow Yahoo Finance on social: • X: / yahoofinance • Instagram: https://www.instagram.com/yahoofinanc... • TikTok: https://www.tiktok.com/@yahoofinance?... • Facebook: / yahoofinance • LinkedIn: / yahoo-finance

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