Terri Spath

The U.S. stock market is driven by powerful AI-driven optimism, real productivity gains, strong earnings from large-cap tech, and a meaningful capex cycle. Despite inflation sensitivity, oil price risk, and a narrowing rally, the market has the capacity to continue marching higher. Over the next six months, the market will be higher than today, though with volatility from macro risks. Broad exposure to U.S. equities is warranted.