As the US recovery gains momentum, Franklin Equity Group’s Grant Bowers explains why pent-up consumer demand should present a fertile environment for stocks and highlights some opportunities he sees in the US equity market. The US recovery is gaining momentum as the country reopens parts of its economy—boosted by government stimulus and vaccine rollouts. Reopening is ultimately leading to better-than-expected earnings growth across the broader equity market. First-quarter company earnings in the S&P 500 Index recently surpassed estimates by 22.5% in aggregate, as 86% of the 95% of companies which have already ... (full story)