The S&P 500 and the Nasdaq posted another record close on June 12th thanks to encouraging inflation data. It marked the 29th record close for the S&P 500 and the Nasdaq’s 17th record close.
As Brooke told CNBC, “The market is not cheap, but the market can trade for a prolonged period of time at high multiples, and it doesn’t necessarily indicate that a correction is coming.”
Catch her full interview in the link below for more!