Expect Higher Highs in Second Half of the Year, Says Ari Wald

May 24, 2019 – Cris Sheridan, senior editor and host of FS Insider, conducts our market wrap-up and reviews the economic data for a less-than enthusiastic week on Wall Street. Next, we speak with technician Ari Wald to get an update on his technical outlook for the U.S. stock market and specific market sectors. Ari believes markets are in a back-and-fill mode, but expects higher highs getting into the second half of the year. He also explains what’s significant about technology and the industrials. And finally, Jim Puplava and Chris Preitauer discuss a clear and present danger regarding corporate debt markets. Heightened risks even grabbed the attention of Fed Chairman Powell this week.

Show notes: