US market rally supported by fundamentals, despite high valuations: Vincent Nichols

December 1, 2025

US equity markets are reaching record highs, with both large-cap and small-cap stocks showing upward momentum driven by strong earnings and revenue growth. While large-cap tech valuations are stretching, market strategist Vincent Nichols suggests opportunities exist in underappreciated sectors like small-cap equities, which offer potential for long-term outperformance.

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