2026: The Revenge Of The S&P 493 (Market Outlook)

2025-12-13 08:30:00 ET

Family Pictures Of The General Market

Christmas time is usually a perfect occasion to shoot some family photos. If the S&P 500 ( SPY ) were a large family, this year we would probably see seven people standing in the middle, smiling, while the other 493 are sitting in the background with far fewer smiles. Actually, for over two years, Mr. (or Grandpa) Market has simply considered this to be normal. As 2026 approaches, should we expect next year's family picture will be the same, or could we expect more relatives to join the party?...

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