Why Market Optimism May Be Going Too Far Before 2025: SoFi
- This year’s stunning market rally has gained steam as 2024 comes to a close.
- The positive signals are hard to deny, SoFi’s head of investment strategy said.
- Risks loom, but investors can have another strong year by making eight investments.
US stocks are near all-time highs for many reasons, but perhaps the most powerful catalyst right now is an overwhelming sense that the path of least resistance in markets is higher.
That feeling may be intangible, but the S&P 500’s recent surge shows it’s far from immaterial.
“The scientific way that we said this in the outlook is that ‘the vibes are positive,'” quipped Liz Young Thomas, SoFi’s head of investment strategy, in a recent interview with Business Insider….
