"2024 Market Outlook: Strategists Weigh Bull Run Against Modest Gains"
Historical trends suggest a potential bull market for the S&P 500 in 2024, particularly due to the pattern of stocks rising in U.S. presidential election years and the momentum following a significant market rebound. The S&P 500 has risen in 19 of the 23 election years analyzed between 1928 and 2016, and stocks tend to maintain momentum after a big fall and subsequent bounce. However, predictions are uncertain, and even experts like Warren Buffett acknowledge the unpredictability of short-term market movements. Long-term trends indicate that the S&P 500 generally moves higher over time, driven by the growth efforts of the companies within the index.