2024-06-05 08:30:00 ET
Summary
- The month of May continued the bull market trajectory which started back in October 2022 and has now produced positive returns for 4 out of the first 5 months of 2024.
- This came with enhanced volatility. There are current headwinds, including softening economic numbers and the prospect of no interest rate cuts by the Federal Reserve until later in the year.
- On Friday, the Dow came back with a vengeance, while the S&P 500 ended on the highest monthly close ever.
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For further details see:
Can The Bull Market Keep Running? What Might The Rest Of The Year Look Like?