....based on this, it is unlikely 2025 will see S&P500 continue making new highs all through to the end of the year.
....if we get a strong start to the year, chalking another 10-20 ATHs, it would be likely the 2H would be a dampener. But if we get a bad start culminating in a small correction with subsequent rebounds, either the bull is done or we could get another 10-15 ATHs (slightly shoot past double top) before succumbing to major losses in Q3-Q4.
...either way, the bull if it has any further momentum, will likely peter out this year.
...investment returns unlikely to be good across all asset classes this year, including cash and gold. To me, it is a year to rebalance risks, if one has not done so.
