Decoding the S&P 500’s first quarter surge

The first quarter of 2024 has just concluded, and the S&P 500 has recorded an impressive 10% gain. This significant increase has sparked a flurry of media commentary, with many suggesting that this rapid growth is unsustainable and that investors should brace for a potential downturn. However, a closer examination of the data reveals a potentially different narrative for the 2024 outlook.

Understanding the S&P 500

The S&P 500, a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States,

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