All articles tagged with #second half of 2023
The article highlights the 10 best income plays for the second half of 2023, emphasizing that the stock market rally may just be getting started for those seeking income. It discusses the importance of dividends and asset allocation in generating income and provides insights for investors looking to capitalize on income opportunities in the coming months.
The S&P 500 has gained over 13% in the first half of 2023, and history suggests that the median return for the second half is 8% with an 82% win ratio, according to Fundstrat Global Advisors. The recovery of the US stock market this year has been led by megacap technology stocks, and the rapid recovery of technology stocks is evident. Fundstrat's founder, Thomas Lee, expects a broadening of the market could push the S&P 500 to soar more than 20% for the year to end at 4,750.