There are multiple indications the U.S. economic expansion is still strong, while the earnings season of S&P 500 companies is expected to have increased last quarter. Meanwhile, the Federal Reserve is unlikely to raise its benchmark rate again this year. Given these points, I expect U.S. equities to keep rising for the foreseeable future. At this point, the outlook for interest rate cuts by the Federal Reserve is mixed. Specifically, some indications show reductions in the Fed’s benchmark rate could come in March or May, while other developments suggest the central bank could wait until later in the year to pull the trigger on…
