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MRKT Call: An Unbothered S&P 500

RiskReversal Pod

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The Stock Market Is Not Too Bothered by the All-Guy

The stock market again this is gonna be the third time I say this does not appear to be too bothered by the all-guy it just doesn't you listen. The markets typically do sort of grind higher in the absence of news or any catalyst they're going to do the grind and that's we're seeing now rainy says end of the month mark up there. We also know that analysts and strategists generally overestimate one year out earnings for S&P 500 companies in their totality by nearly 8 percent or so. That's really what it comes down to forgetting about all the geopolitical headline and risks that are out there that we didn't discuss today but we've discussed before.

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