The Outlook: Bullish Across the Board, but...

With the structural (2 years) and cyclical (12 months) outlooks for the S&P 500 solidly bullish, the biggest question is the tactical (8 weeks). Tactical indicators are oversold, but...Israel-Iran.

Discussion

With the equity market in pullback mode in the wake of a hot CPI report and the threat of escalation in the Israel-Iran conflict, it’s a good time to zoom out and assess the outlook for the…