Wednesday, August 12, 2020
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Since the market bottomed on March 23, the S&P 500 has rallied 49% while the Nasdaq is up more than 55%.
And with the S&P 500 now within 1% of a record high, strategists have been writing quite a bit about the next catalyst to keep stocks pushing higher.
And the most common answer seems to be a vaccine.
Jared Woodard, a strategist at Bank of America Global Research, said in a note published Tuesday that