A remarkable year for stocks It looks like we are going to close out 2024 with another double-digit gain for stocks. This makes two consecutive years. Out of curiosity, I reviewed the early 2024 predictions of the 20 biggest research publishers on Wall Street. The results were surprising. This year's 27% YTD gain for the ...The post December 27, 2024 - The S&P 500 defied expectations with a 27% gain in 2024, driven by earnings growth, AI optimism, and abundant capital in the market. Despite this strong performance, investors should maintain balance in their portfolios as valuations are near historical peaks, raising concerns about a potential market correction and the impact of rising long-term interest rates. first appeared on Philadelphia Wealth & Asset Management, Registered Investment Advisors.
