Wells Fargo advises investors: Get ready for the summer rally

“Strong summer rally is just around the corner”—that’s the judgment given by Wells Fargo. July is usually a month of strong performance for the US stock market, and Wells Fargo’s strategists believe this July will be no exception. In fact, the bank listed four positive factors supporting a strong stock market: seasonal trends, corporate earnings, capital inflows into so-called “Trump accounts,” and the postponement of IPOs for major large-cap AI companies.