Sheaff Brock Mid-Year Performance Update
June 30, 2024
Today’s current bull market started in October of 2022 after a 9-month, 25% drop in the S&P 500 bear market and is, according to historical standards, still relatively young. The dominance of the U.S. economy, its high productivity, and its growing working-age population are all factors that contribute to strong corporate earnings and earnings growth. Since equity markets go up in the long-term when corporate earnings increase, Sheaff Brock concludes that we may be due for another long bull market run.