We’re back at all-time highs. Despite a jobs report on Friday that disappointed, the S&P 500 closed at a fresh all-time high of 2,007. In his investment strategy update for September, Jon Stoltzfus, chief market strategist at Oppenheimer, sees a chance for stocks to run higher still. “In the near term we expect that investors could just as easily bid stocks somewhat higher as seek a catalyst for some profit taking. So long as tensions in the Middle East, Ukraine and elsewhere around the globe remain on the front burner, a certain unquantifiable degree of uncertainty is likely to …read more
Source: Business Insider