
This is about as bullish a year as you will find. Only 1 year in the past decade rivals this one and that would be the 28.9% gain for the S&P 500 (SPY) back in 2019. We are very close to topping that in the closing days of 2024.
Rarely does the market have back to back strong years like this EXCEPT at the beginning of a bull market as we already enjoyed. Unfortunately history is not kind to what this means for the following year as breakeven or less is not unusual.