ACTV - Will A Goldilocks Economy Keep The Stock Market Humming?

2024-07-16 12:35:00 ET

Summary

• If the S&P 500 flatlines from current levels through Dec. 31, 2024, the market would still go into the history books as delivering yet another strong year on the basis of an 18.1% year-to-date rise through Monday.
• The question is whether interest-rate cuts and an economy that slows but avoids recession will keep the party going?
• It’s easy to be optimistic when the market is rising and continues to take out previous targets.

If the S&P 500 ( SPX ) flatlines from current levels through Dec. 31, 2024, the market would still go into the history books as delivering yet another strong year on the basis of an 18.1% year-to-date rise through Monday (July 15). But the best may be yet to come, some Wall Street firms predict....

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