For us, the internal debate is a simple one: Is this new bull so powerful that it can override a gleefully overbought market?
“It’s insane that so many people seem to believe the Fed will go from slamming the brakes on the economy to hitting the gas within a matter of months,” he said.
Market moves suggest we could be in the early days of a new bull market, particularly if Fed Chair Jerome Powell is able to engineer a soft landing.
This market is all about finding great stocks, not just merely good stocks.
Jim Cramer also gave his thoughts on companies slated to report earnings next week, including Disney, Tyson Foods, PepsiCo and more.
Jim Cramer explained why he believes stocks are in a bull market and how investors should look for chances to buy.
Companies in Cramer’s list include Wells Fargo, Raytheon Technologies, Delta Air Lines, J.B. Hunt and Boeing.
Investors expect 2023 to be a year of caution for cryptocurrencies, before a potential bull run that could begin in 2024.
Asia-Pacific’s leading index entered a bull market this week, fueled by a rally in Chinese equities from reopening optimism.