"Market Rebounds: S&P 500 Finds Support and Paramount Surges"
TL;DR Summary
Market veteran Ed Yardeni suggests that the stock market may have just bottomed, pointing to the S&P 500 finding support at its rising trend line. The recent rally has been driven by better-than-expected earnings and the Federal Reserve's less hawkish stance on interest rates. If the market did bottom this week, it would align with the historically bullish seasonals that typically drive stocks higher towards the end of the year.
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