S&P 500 Sets 31 Record Highs and One Chart Shows Why

S&P 500 record highs keep coming because corporate profits are rising, the same signal that faded ahead of past recessions. Michael Lytle, Chief Investment Officer at StoneX Wealth, explains the corporate profit trend behind the record run and what a pivot in it would mean for risk taking. Year-over-year corporate profit growth rolled over ahead of the past two organic recessions, with only the COVID-19 shutdown breaking the pattern. Large-cap technology companies dominate the current gains, while policy rate uncertainty, rising commodity prices, and the conflicts in the Middle East and between Russia and Ukraine remain the risks markets are looking through. The chart, highlighted by BCA Research, is the measure to watch. Discover Actionable Insights with StoneX Market Intelligence: https://shop.stonex.com/products/stonex-essential-bundle?selling_plan=4455759972&variant=45955323625572&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_michael_lytle&utm_content=share 00:00 - S&P 500 Racks Up 31 Records 00:25 - One Chart Behind the Rally 00:49 - Profits Fell Before Recessions 01:08 - Risks Markets Look Through 01:30 - The Signal That Moves Risk Like and subscribe for more financial market insights. #SP500 #StoneX #MichaelLytle #Recession