Stocks are hitting all-time highs. Everything seems a little too good … are we in a bubble? Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese weigh in.
Highlights include:
- Valuations are high due to increased profitability
- The economy is strong because the labor market is strong
- Residential and manufacturing construction are up
- Earnings for the S&P 500 this year are expected to grow 13%
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