As an investor of 2 years with returns of +20%, I believe that the S&P 500 index could soar to new heights in 2024 due to a combination of factors including robust economic growth, strong corporate earnings, and favorable monetary policies.
With technological innovation driving gains in key sectors, such as tech, healthcare, and renewable energy, investor confidence is bolstered. Additionally, continued fiscal stimulus and infrastructure spending initiatives contribute to an optimistic outlook. Improved global stability and easing geopolitical tensions further fuel market optimism, attracting both domestic and international investors to the U.S. equities market. As a result, the S&P 500 index experiences a sustained upward trajectory, reaching unprecedented levels as investors capitalize on the opportunities presented by a flourishing economy and corporate sector.
Although the fed has signalled not to lower rates, the S&P500 will eventually soar to new record in 2024. It's nothing new, there is no crash, unless the US enters into war. Just keep buying stocks, let's keep making profits.
