Bob Doll: Stocks Keep Bumping Up Against Brexit

The video discusses market trends, focusing on US equities' reactions to global events like Brexit. It examines factors affecting earnings, such as oil prices and the dollar's impact, and highlights the role of the US consumer. The impact of Brexit on corporate investment and growth is analyzed, along with profit margins and sector performance. Finally, investment strategies and market valuation are discussed, emphasizing the shift from yield to growth-focused investments.

What were the main factors contributing to the decline in the market during the first half of the year?

How did Brexit impact the US market according to the text?

What expectations are set for earnings in the second half of the year?

What are the implications of a stronger dollar on corporate profits?

Discuss the valuation concerns related to utilities and consumer discretionary sectors mentioned in the text.