The S&P 500's rise reflects bullish fund manager sentiment, but euphoria narrows the margin for Fed error in combating inflation without harming economic stability. Despite optimistic expectations, recession indicators still signal significant risk, highlighting a disconnect between fund managers and economic reality. Rising interest expenses pressure the government to prioritize financial stability over inflation control, suggesting investors should prepare for persistent inflation.
Franco-Nevada (FNV) reported earnings 30 days ago. What's next for the stock?