Turning Bullish On The Battle-Tested S&P 500, Upgrading VOO

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  Posted by Two Blokes Jun 11 - Filed in Stock - 7 views
  
  I am upgrading the S&P 500 ETF to a buy, as animal spirits return and macroeconomic fears subside. Forward earnings estimates for the S&P 500 have hit new highs, supporting further upside despite elevated valuations. Economic data is improving, recession odds are plunging, and consumer sentiment is rebounding, all bullish for equities.