Reported about 1 year ago
According to a stock market indicator that has been 100% accurate since 1964, the S&P 500 is expected to see a big move in the second half of 2024. Historically, during presidential election years involving an incumbent, the S&P 500 has always generated positive returns in the second half. Based on past data, it is predicted that the S&P 500 could climb around 11% in the latter part of 2024, with factors like Federal Reserve rate cuts potentially influencing market performance. While past results are not a guarantee of future outcomes, investors are advised to focus on long-term gains and be mindful of risks.
Source: YAHOO