As 2023 came to a close, the S&P 500 closed at record highs 57 times this year, fueled by major tech companies known as the Magnificent Seven.
Despite a tumultuous U.S. election cycle, the economy is set to end 2024 on stable ground, aided by falling inflation and robust growth.
Looking ahead, the economic outlook for 2025 is uncertain, primarily due to potential policy changes under President-elect Donald Trump that could impact the market.
The stock market rally slowed in recent weeks; however, the anticipation of an easing monetary policy continues to support investor optimism.
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