The S&P 500's recent bull market milestone likely left many investors wondering whether the time was right for some portfolio moves. Given the uncertainty about the economy and the rally's ability to sustain itself, clients may be even more confused about how to approach their investments than they would in a clear-cut bull market. Market strategists appear to disagree on whether the S&P 500 index entered a true bull market earlier this month when it marked a 20% gain over its October trough. Some expect a recession and weaker earnings could drag stocks lower by year-end, while others are more bullish and predict at least modest market gains. We asked financial advisors what advice they were giving clients who ask about putting more money into the market. Check the gallery for insights from seven financial pros.
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Sponsored by Allianz Life Insurance Company of North America and Allianz Life Financial Services LLC
Year-end 2024 Tax Topics Checklist