Stocks Keep Climbing Despite Macro Headwinds: What’s Driving the Rally?

Brett Kenwell of eToro discusses the resilience of the U.S. stock market despite macro headwinds like disappointing jobs data, retail sales misses, and persistent inflation. He emphasizes that strong corporate earnings and a resilient consumer are driving the current rally, while the market views weak economic data as a potential catalyst for the Fed to pause rate hikes.