Want to create an interactive transcript for this episode?
Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: Is the current S&P 500 rally sustainable?
Description: The question that keeps coming up: Will there be a year-end Santa Claus rally? There is growing concern among market experts over the index's sustainability, despite its remarkable 9.6% gain in just three weeks. On Money in the Market, Hongbin Jeong speaks to Rajat Bhattacharya, Senior Investment Strategist, Standard Chartered, about the possible risks and whether or not investors should think about profiting from this incredible rally. Highlights: 01:07 - Will Wall Street indexes hit a fourth straight winning week?02:43 - Why do market watchers believe the current rally in the S&P 500 as unsustainable?03:43...