The stock market’s remarkable performance in 2024, with the S&P 500 hitting 54 all-time highs, may not be a positive indicator for the future, according to analysts.
What Happened: The S&P 500’s record-breaking run in 2024, fueled by factors such as Fed rate cuts, enthusiasm for artificial intelligence, and Donald Trump’s pro-market policies, has been impressive. However, this trend could be a cause for concern, as historically, years with numerous record highs have been followed by poor stock performance, analysts at Ned Davis Research said in a Monday note.
