While global stock market performance was mixed in the fourth quarter, looking back at the full year of 2024, the U.S. stock market had another impressive run. Gains were driven by strong economic growth, falling inflation, and the Federal Reserve cutting interest rates.
Looking to 2025, U.S. stocks appear richly valued on a historical basis. Declining inflation, strong economic growth, a healthy consumer, and the Fed signaling more rate cuts are all helping stock prices.
Can our current bull market be sustained? For a full, detailed summary and outlook…