Lynch on Reuters: “Animal spirits have kicked in”
What’s the Eric Lynch report card on the markets? “We have a fever. Animal spirits have kicked in,” said Eric Lynch, managing director at Scharf Investments during a recent appearance on Reuters TV. The post-election rally continues with the S&P 500 having its best month of the year in November. Consumer Discretionary, Financials, Industrials, and Energy led sector returns. Bitcoin crossed the $100,000 level and meme stock Game Stop is up over 23%. Eric also shared his thoughts on the recent non-farm payroll report, the upcoming Fed meeting, and potential risks investors should be aware of in 2025.
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