Thebullmarketinstockshasbeensupportedbytwofundamentalpillars:highcorporateearningsandlowinterestrates.Bothofthesemainstaysappearedwobblyearlythisyear.Fortunatelyforinvestors,thereisnowsomegoodnewsforbothofthem.
Interestrates,whichwereexpectedtorise,haveactuallyfallensincethebeginningoftheyear.AseriesofstatementsbyFederalReserveofficials-includingaspeechonFridaybyJanetLYellen,theFedchairwoman,inJacksonHole,Wyoming-nowconfirmsthateveniftherearesomeshort-termrateincreases,thecentralbankexpects ...
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