Samlunch
04-12
$SPDR S&P 500 ETF Trust(SPY)$  


The S&P 500's performance has been truly outstanding this year.

The index is up 9% year to date which is more than DOUBLE the average YTD return in an election year.

In the past, the median return during a US presidential election year was about 11%.

There are still several months until the presidential election but the index is on track to significantly exceed its historical performance.

Will this end up as one of the best election years for stocks ever?


CPI 3.5%! Expect 2 or 3 Rate Cuts in 2024?
March headline CPI is 3.5%, higher than estimates of 3.4% and also the highest since September 2023. Core CPI is 3.8%, higher than estimates of 3.7%. Goldman Sachs expects only two rate cuts this year, with the first in July and the second in November. ------------- How do you expect rate cut in 2024? Will S&P start to pullback after hot inflation data? What's your target?
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Comments

  • LesleyNewman
    04-12
    LesleyNewman
    The S&P 500 doing so well, even better than usual for an election year.
  • skythelimit
    04-12
    skythelimit
    Wah, that's a really useful and insightful analysis!
  • EltonRichard
    04-12
    EltonRichard
    🚀
  • AuntieAaA
    04-12
    AuntieAaA
    GOOD
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