A perfect storm is coming together that could re-energize the stock market.
You have the Trump push for the tax reform, earnings are strong, and a centrist could wind up as the next leader of France. Financial planner Richard Rosso says all of this will help investors.
“That all fuels this momentum that can bust stocks out of the level they have been stuck in since early March,” Rosso said.
And he says if you want to give credit to anyone, start with President Donald Trump.
“Some pundits are saying these rallies have nothing to do with Trump. That is absolutely ridiculous,” Rosso stated, adding that Trump seems to have given an aging bull market some fresh legs.