Don’t Expect Meaningful Market Highs Before Year End, Says Bruderman Asset Management’s Pursche

The video discusses the current state of the stock market, highlighting trade optimism and the impact of political dynamics on market trends. It examines the performance of major indices like the S&P 500 and NASDAQ, noting their record highs. The discussion also covers economic growth prospects, potential risks, and the role of central banks in easing monetary policy. The strength of the consumer market is emphasized as a key driver of economic optimism, with a focus on underlying economic data and corporate earnings.

What economic growth number are market participants looking for in 2020?

What factors contribute to the optimism regarding consumer strength?