Soaring interest rates, slowing economic growth and a banking sector still recovering from a March rout might suggest a note of market caution.
CNBC’s Squawk on the Street - Goldman Sachs CEO David Solomon stressed that the economy has proved to be “incredibly resilient.”
Not many on Wall Street were able to call the huge S&P 500 comeback this year after the index plummeted into its first bear market.
Traders continue to tweak expectations for US interest rates. They've begun to anticipate Fed's policy rate peaking in Sept rather than July.