Earnings Should Keep the Market Rally Going

• Stocks are trading near record high levels, but one Wall Street pro thinks the market momentum can continue thanks to healthy corporate profits. 
• Brian Belski, chief investment strategist at BMO Capital Markets, told CNN that the recent rally is all about "earnings momentum." 
• Many blue-chip companies have reported strong financial results and Belski thinks the US stock market should "continue to pace the global earnings recovery" well into 2022 and 2023. 
• Belski isn't worried that the Federal Reserve is going to end the Wall Street party fever. Even though many investors are worried about inflation right now, Belski said eventual interest rate hikes from the Fed will take longer than the market thinks. "We are coming from excessively low levels, crisis levels," Belski said. "Higher rates are a good thing. It shows the economy can stand on its own two feet."

(Source: CNN Business)