Wall Street can't agree on where stocks are headed in the 2nd half of the year
But there's also fundamental progress that can help explain why stocks are performing better today than they were in 2022. For one, inflation continues to show signs of easing, which should give the Federal Reserve some breathing room in its monetary tightening policy. Additionally, theNow the question is whether these trends will continue, or dissipate in the second half of the year.
and the accumulated excess savings will likely be exhausted by October ," Kolanovic said in a Wednesday note. Detrick crunched the numbers and found that since 1950, the S&P 500 delivered a median return of 11% in the final six months of the year when the index was up between 10% and 15% in the first half of the year.
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