What stocks may need to rise in ‘a market for only the most bright-eyed optimists’
1. S&P 500 hit 25th record close in 2025 amid AI enthusiasm. 2. Valuations are high and imply confident earnings forecasts. 3. Fed rate cuts could sustain market optimism in the near term. 4. AI growth expected to benefit Big Tech significantly. 5. Market momentum raised concerns over future corrections.