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Msg  70183 of 70395  at  8/4/2021 8:08:25 PM  by


The following message was updated on 8/4/2021 8:09:44 PM.

Market Call


August 04, 2021

Kim Bolton's Top Picks: ServiceNow, Upstart Holdings Inc., Fiverr International

BNN Bloomberg

July’s stock market price action reflected the latest market narrative, which is all about “peak growth”. This buzz phrase discusses the rate of change in corporate earnings, gross domestic product, stock prices, government and central bank stimulus, and inflation. It’s the trend that matters for investors, as well as the outlook toward a deceleration on several of these fronts.

The bottom line is, there are a number of legitimate catalysts for a continued melt-up in the stock market, and particularly the technology arena, balanced by number of equally legitimate catalysts supporting a bearish case for equity markets.



BNN Bloomberg programming note

BNN Bloomberg

BNN Bloomberg’s broadcast day now begins at 8 a.m. ET and runs until 5 p.m. ET. Berman’s Call has returned to 11 a.m. ET Mondays, while Market Call Tonight remains on hiatus.

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