Markets responded positively to Fed chair Jerome Powell's dovish comments out of the virtual Jackson Hole symposium on Friday, Aug. 27, 2021. Without tapering just yet, Adam Phillips says the momentum fueling the major U.S. stock indices higher can continue. Despite two main risks impacting elevated stock markets - inflation and COVID-19 - Phillips remains overweight on equities and says the "TINA" Trade (There Is No Alternative) is "alive and well for now."
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