The market will remain mostly flat！
The market $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ(.IXIC)$ $DJIA(.DJI)$ 's hitting new highs! Talk about a thrill ride! I'd say it's like a sugar rush for investors - sweet on the outside, but you know there's gonna be a crash later.
In fact, I don't particularly think it matters at this point. Lowering rates can be achieved for like 2 years but eventually inflation will exceed 6% again. FOMC can lower them to 3% for example but he'll have to raise them to 6% again in 2 years.
Either way, stocks themselves are priced where interest rates are sort of immaterial. Sure stocks are up maybe 600-800 points on the S&P since 2022 but that's still only in line with interest rates since then. And even then, the valuations are just more overvalued.
I think we are in a boom to bust market over 20 years. We will continuously hit highs then fall 20-40% then rinse and repeat every 5 years maybe. Overall I think we'll remain mostly flat.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
