bingofrenzy2022freetickets| Deutsche Bank strategists say there is good reason for the bull market rally to continue

recent daysbingofrenzy2022freetickets, U.S. stocks hit record highs. According to Henry Allen, macro strategist at Deutsche Bank, there are good reasons for the U.S. stock rally to continue.

In a recent report, Allen outlined several factors that should boost investor optimism.

First, last week's U.S. consumer price index (CPI) data showed an annualized growth rate of 3.bingofrenzy2022freetickets.6%, above the Federal Reserve's 2% inflation target. Investors still pushed stocks higher after the data was released. With this in mind, if inflation data falls and moves closer to target, investors may use further optimism to send stocks soaring again.

Weak-than-expected economic data, such as the April non-farm payrolls report, could also boost markets by increasing the likelihood of the Fed cutting interest rates. Although the reading was slightly lower than expected, the market rebounded.

In addition, Allen wrote that globally,"interest rate cuts are increasingly entering the horizons of central banks. This, coupled with the 'very loose' financial conditions for stocks, has created an extremely positive background for the current market."