Analysts say this boost comes from major gains in 8tech stocks, the end of the 9debt ceiling crisis and 10a string of recent strong 11economic readings. However, this bull market might be 12metaphorically 13skating on thin ice. Some 14market watchers fear this could be a 15short-livedrally, 16citing high costs as a big concern.
"The inflation is cutting into every single family in their budgets across the nation."
And17 political tensions in Washington DC could make the matter cloudy.
¡°We have to reach a spending agreement so that the needs of the American people can be reached. But right now, there is no activity happening in the congress because of the extreme nature of the 18house republican conference.¡±