Bitcoin might be poised for a large breakout
Fundstrat’s Tom Lee on what to count on for markets in 2020. With CNBC’s Brian Sullivan and the Speedy Cash traders, Pete Najarian, Brian Kelly, Dan Nathan and Tim Seymour.
The bull market in U.S. stocks rolls on.
From the trade war among the U.S. and China and the slowdown in world economic advancement, to Britain’s messy exit from the European Union and the prospective impeachment of President Trump, nothing has dampened the enthusiasm for stocks.
The American financial state remains in the midst of the longest economic expansion on file and the longest — if not strongest — bull market in stocks. Even with some considerations about larger volatility from a selection of prospective factors, registered financial investment advisors count on 2020 could be a further good 12 months for both the financial state and the stock market.
“The cycle has been prolonged but the financial state has also been slower than in previous cycles and with no the significant imbalances we have found previously,” said Alan Cohn, president of Sage Money, ranked No. fifty on the CNBC FA one hundred checklist of major financial investment advisors for 2019. “With desire charges minimal and the U.S. financial state good, we think there is even now area to operate.”
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