The S&P 500 extended the end of 2023’s market optimum rising 1.6% to start 2024. We’ve seen that momentum continue into February.
Market rally disrupted by hotter-than-expected inflation data
S&P 500 tops the 5,000 point milestone as markets remain giddy
S&P 500 hits new highs as tech and jobs overcome hawkish Fed
Overall, we’re optimistic for 2024. We still expect rate cut timing volatility near-term, but more confident we’ve entered the next bull market pending a mild recession this year.
It was a very Merry Christmas for investors in December picking up right where November left off. The S&P 500 gained another 4% to end the year and ending 2023 up 24%.
Markets rally for 8th straight week heading into Christmas
Markets higher for 7th straight week as Fed signals end of #RisingYields
Markets surge in November with investors feasting on the end of #RisingYields and a #Goldilocks soft landing
Markets finish higher for the 5th straight week concluding a massive November rally