Stocks are expected to move higher in the second half of the year, propelled by strong earnings gains and super-charged economic growth.
The market’s gains, however, are not expected to be as robust as in the first half, when indexes jumped by double digits and set multiple all-time highs. Strategists caution there are risks of a pullback, though they have been warning of that for awhile, and the market has continued to power higher.
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.