Stocks are not expensive in an historical context, seasonal factors are supportive and Goldman Sachs hedge fund research forecasts a record high for the S&P 500 before year-end.
Source: [MarketWatch](https://www.marketwatch.com/story/the-s-p-500-is-facing-rate-chaos-and-narrow-breadth-why-one-goldman-sachs-insider-is-still-bullish-on-stocks-84a20206?mod=mw_rss_topstories)