US Stocks Defy Gravity—Skeptics Capitulate as Rally Refuses to Die
Wall Street's relentless bull run leaves bears scrambling for cover.
The unshakable rally
Three years of 'imminent correction' calls now look foolish as indices keep punching through resistance levels. Short sellers? Obliterated. Doomsday prophets? Quietly deleting old tweets.
Gravity-defying fundamentals
Corporate earnings keep delivering, Fed pivots get priced in before they happen, and retail FOMO fuels the fire. Even the bond market's warning shots can't stop this freight train.
The new believers
Hedge funds that swore this was a dead-cat bounce now chase performance like crypto traders chasing the next shitcoin. Pension funds? Increasing allocations like there's no tomorrow (again).
Bonus cynicism: At this rate, even the SEC might approve a Bitcoin ETF—just to diversify away from overpriced equities.
The US Stock Market Is Booming Despite All the Odds
Dow Jones Industrial Average is up 4.02% year-to-date while Nasdaq Composite ROSE 5.65% during the same period. The S&P 500 index also surged 5.73% YTD making the three indexes brimming with positive sentiments. It is receiving heavy buying sentiments from both retail and institutional investors. If the US stock market rallied even during turbulent times, imagine what it can do when the times are normal.
Wall Street veteran analyst Sam Stovall, who was the Chief Investment Strategist at S&P Global for 27 years said that the US stock market has recovered all its losses.he said to The Street.