RBC's Lori Calvasina Sees S&P 500 Upside Despite Fed Risk
Despite market volatility triggered by Middle East tensions and rising Treasury yields, RBC strategist Lori Calvasina maintains an optimistic outlook for the S&P 500, suggesting that Fed policy uncertainty and valuation concerns may not derail the equity rally. The market showed resilience following its longest weekly advance since May, with chipmakers and AI-related stocks providing support, though geopolitical risks and climbing oil prices have raised inflation concerns that could pressure the Federal Reserve.
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RBC's Lori Calvasina Sees S&P 500 Upside Despite Fed Risk
Despite market volatility triggered by Middle East tensions and rising Treasury yields, RBC strategist Lori Calvasina maintains an optimistic outlook for the S&P 500, suggesting that Fed policy uncertainty and valuation concerns may not derail the equity rally. The market showed resilience following its longest weekly advance since May, with chipmakers and AI-related stocks providing support, though geopolitical risks and climbing oil prices have raised inflation concerns that could pressure the Federal Reserve.
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