S&P 500's Strong First Half Signals Potential Gains Ahead
Historical trends and election year patterns suggest further growth, but economic factors remain crucial.
- The S&P 500 rose nearly 15% in the first half of 2024, driven by tech stocks and AI advancements.
- Historically, strong first halves often lead to continued gains, with an average annual increase of 25%.
- During election years with an incumbent running, the S&P 500 has always posted positive second-half returns.
- Potential Federal Reserve interest rate cuts could further boost the market if inflation continues to decrease.
- Investors are advised to focus on long-term gains despite possible short-term market fluctuations.