"Investors should look past the election and focus on the fundamentals of what drives markets," according to James Demmert, chief investment officer of Main Street Research. "The economy and earnings continue to be better than expected, most stocks are reasonably priced and the Fed is in an accommodative mode and is expected to cut interest rates again this week."
Indeed, as Demmert notes, "There is an excellent backdrop for stocks right now."
Read the full article here.
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