Subscribers often request a visual version of our roadmap for stocks moving forward, especially in today’s market where the majority of investors feel nervous at best. Unlike many, although we acknowledge valuations are on the rich side after rate hikes, we remain bullish medium-term expecting the broad-based Russell 3000 to follow in the footsteps of the heavyweight tech stocks and post fresh all-time highs in the quarters ahead.
NB The Russell 3000 Index is composed of the 3000 largest US companies as determined by market cap. making up 98% of listed equities in the US.
- We believe the bull market is alive and well but a period of consolidation is close at hand.
MM is bullish equities medium term
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