2024-07-04 20:05:00 ET
Summary
- The 18-month annualized return for the S&P 500 is 28.55%. That’s a tad stretched.
- The 60%/40% standard balance portfolio returned 8.78% in the first half of 2024.
- The big difference between today and 24 years ago is sentiment: stock market sentiment today is borderline “fearful” but seems almost apathetic.
In JPMorgan’s ( JPM ), “Guide to the Market” presentation last Monday, July 1 ’24, Dr. David Kelly, JPMorgan’s Chief Global Strategist, started off the call with the remark that, ultimately, “all systems break down”....
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For further details see:
A Red Flag, S&P 500 Annual Returns, Top 10 Holdings