2024 is anticipated to continue its bullish trend albeit a lesser strength than 2023 due to an impeding recession, escalating tensions in the middle East and other possible black Swan events. It pays to move into 2024 with greater caution
s&p500 has increased some 26% year to date. After the recent Fed's announcement on rate cuts, it is anticipated that s&p will continue its bull run and hit all time high by year end.
s&p500 dropped about 10% from its high jn jul 2023 and is in correction phase. is it the bottom yet? or will it go further south? or upturn to go uptrend? let's observe in the next few days.