Questioning the Fundamentals Of Current Market Rally
June 28, 2019 at 11:08 AM EDT
The last time the S&P 500 had a first half of a year this good was at least 10 years ago. The Dow Jones Industrial Average hasn’t seen a June like this since 1938. But despite the surface performance, underneath this impressive rally is a trend that continues to irk investors, economists, and analysts, according to J.P. Morgan.