A New Bull Market for Stocks Has Begun, Says Piper Sandler's Chief Market Technical Analyst
Zhang Yangyang
DATE: Jun 19 2023
/SOURCE: YICAI
(Yicai Global) June 19 -- Based on historical data, US stocks typically rise over 11% between the first Federal Reserve rate hike and the last, said Craig Johnson, chief market technician at investment bank and institutional securities firm Piper Sandler.