Wall Road Has a Plan for a Comfortable Touchdown: Purchase Extra Shares

Wall Road believes its soft-landing dream is on the verge of coming true. That’s prompting a contemporary wave of demand for shares. 

Markets have rallied since final week’s consumer-inflation report got here in softer than anticipated. Many analysts and portfolio managers stated they count on the positive aspects to choose up heading into year-end, reflecting a way that markets have confronted down their most important problem: the potential for rising bond yields to crimp financial exercise, scale back demand for shares and ship the U.S. financial system into recession.