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DeepNewz, mobile.
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The bull market appears to be gaining momentum in 2024 as the Federal Reserve's long-awaited shift in monetary policy and strengthening earnings bolster investor confidence. According to BI Equity Strategy, no red flags are currently present in their checklist of 17 key indicators. The S&P 500 is now officially up 20 percent in 2024, with significant gains attributed to just 14 days of strong performance. Initially driven by the tech sector, the market's focus has now shifted to the impact of Fed rate policy.
1/2 The S&P 500 is now officially up 20 percent in 2024, and just 14 days “explain” this strong performance. The year started with Tech driving the market higher, but attention then shifted to Fed rate policy…
How bull markets start and end. We're slowly on our way! https://t.co/u3wHcZKpTR
BI: The bull market appears to be finding fresh legs with the Fed's long-awaited shift in monetary policy and strengthening earnings, with no red flags flashing in BI Equity Strategy's checklist of 17 key and timely indicators. (1/2)
