S&P 500, Nasdaq Finish Higher For 4th Straight Week

Good evening:

What a summer rally it’s been for markets. Amid the hubbub of recessionary fears, 40-year-high inflation, war, supply chain challenges, and rising rates, everyone has become fixated on a new question: Given the recent rally, is the bear market of 2022 over? Tom Lee, our Head of Research, forecasted a “treacherous” first half of negative market returns. For weeks now, he’s been saying the bottom is in, and he believes most companies can generate double-digit earnings gro...

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