A 99-Year Perspective on US Markets — Is the Bull Getting Tired?

Published on January 3, 2025

Wall Street is forecasting an 8% return in 2025. That’s below the 10.4% average nominal return over the past 99 years, but it is a forecast of even higher highs. Do you believe it? Will “The Bull” keep running this new year, or is it getting tired?

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