Posted 4/12/2024, 3:37:46 PM
Markets Face Near-Term Struggles Before Potential Summer Rally to 5,600
- Markets could see a summer rally after some near-term struggles, with the S&P 500 potentially reaching 5,600
- April and May are typically weak months for markets in election years
- Investor sentiment is elevated but not yet euphoric; more investors are participating in this bull market
- Growth stocks likely to outperform value stocks longer-term, though some value exposure still warranted
- Commodities breaking out signals potential for more inflation; diversification across assets recommended