In the latest LPL Market Signals podcast, LPL Chief Equity Strategy Jeffrey Buchbinder and LPL Chief Global Strategist Quincy Krosby recap another positive week for stocks with more new highs, celebrate the bull market’s second birthday, and share early reactions to earnings season.
The strategists begin by recapping last week’s gains for the S&P 500 — the fifth straight positive week and 45th record high of 2024. Enthusiasm in artificial intelligence got us there, with technology leading the way.
The strategists then put this bull market in historical perspective now that it has celebrated its second birthday. If the economy continues to hold up, the odds that this bull makes it to three are good.
Last, the strategists react to the strong bank earnings last week before closing with a quick preview of the week ahead.
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