It’s been a stellar year so far for U.S. markets
It’s been a stellar year so far for U.S. markets: Sevens Report Editor, Tom Essaye, Quoted in Barron’s
Why Trump’s Win Can Stoke the Bull Market for the Rest of 2024
It’s been a stellar year so far for U.S. markets. Investors should expect the surge to carry on until the end of 2024 now that Donald Trump has won the race to the White House, Sevens Report Research founder and president Tom Essaye said on Wednesday.
While the result isn’t “a bullish gamechanger” because stocks are already up so much this year, the election results “should spur a rally into year-end, barring any other major surprises,” he wrote in a research note.
The expectation that Trump could roll out pro-growth economic policies and tax cuts, combined with a solid macroeconomic environment, could power the S&P 500 past 6,000 points by the end of 2024, Essaye added.
Also, click here to view the full Barron’s article published on November 6th, 2024. However, to see the Sevens Report’s full comments on the current market environment sign up here.
If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.
To strengthen your market knowledge take a free trial of The Sevens Report.
Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.
