U.S. Stock Melt Up Still in the Cards? Steve Sjuggerud Reveals His Renewed Outlook

Home Investing U.S. Stock Melt Up Still in the Cards? Steve Sjuggerud Reveals His Renewed Outlook
U.S. Stock Melt Up Still in the Cards? Steve Sjuggerud Reveals His Renewed Outlook

By definition, "we are at the all-time peak of the markets," says Steve Sjuggerud, True Wealth Franchise editor. Markets could keep melting up from here based on big-money sentiment, he tells our Daniela Cambone.

"The market is in an uptrend but the money is on the sidelines," which creates a goldilocks scenario, he argues. As a contrarian investor, Sjuggerud believes bonds could be a buy very soon based on implications from the economy and signals from the Federal Reserve.

Brett Eversole, True Wealth Franchise editor and analyst, says that the buying opportunity for Alibaba is greatly underestimated, with Chinese e-commerce growing at a substantial pace.

#meltup #stocks #china

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