If you’ve ever wondered whether investing is worth the hype, 2024 delivered a resounding "yes" to that question. The U.S. markets once again showcased their potential, delivering impressive returns for investors.
The market winning streak in 2024 was fueled by solid economic growth, declining inflation from historically high levels, interest rate cuts by the Federal Reserve and robust corporate earnings. November added yet another big bang to nearly all U.S. stocks as investors drove the market higher after the re-election of President Donald Trump. Trump’s campaign promises, if delivered, could mean cutting corporate taxes as well as the continuation of lower tax policies that were set to sunset under the Tax Cuts and Jobs Act (TCJA) in December 2025.
