Stock market rally backed by earnings growth - GKFX
The latest leg higher in the stock markets wasn't aided by bubble mentality, but was backed by “really strong earnings growth”, says James Hughes, Chief Market Analyst at GKFX.
Hughes goes on to talk about the potential for further upside in the stock markets in both the US and Europe and hence one may now conclude that gold is no longer the flavour of the month anymore.
Listen to the full segment to know why the USD is under-performing and if US Q4 GDP is about to bring good news for the markets.
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