This Bull Market Could Keep Making New Highs Despite Valuation Concerns

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S&P 500 Noticias

Vanguard Total Stock Market Index Fund ETF Shares,Charles Schwab Corp,SPDR® Bloomberg International Treasury Bond ETF

Stocks Analysis by James Picerno covering: S&P 500, Vanguard Total Stock Market Index Fund ETF Shares, Charles Schwab Corp, SPDR® Bloomberg International Treasury Bond ETF. Read James Picerno's latest article on Investing.com

Generating solid returns with a globally diversified portfolio strategy has been a breeze this year. Short of making extreme bets in the handful of losers among theUsing a set of ETF proxies, nearly all slices of global markets are posting gains year to date through Friday’s close . US stocks are still leading the way with a 21.8% rally this year. If the current performance for the year merely holds steady through Dec. 31, VTI is set to post its second 20%-plus calendar-year advance in a row.

The trend has enabled relatively aggressive postures to excel in 2024. Consider the hefty degree of results in a pair of quasi-passive global asset allocation ETFs. The aggressive version (In addition to overweighting US stocks, winning portfolios in 2024 are likely to have robust holdings of foreign stocks and commodities – the next-strongest winners after US shares year to date.

“Barring any unexpected shocks, the path higher appears to be clear, with earnings growth expected to keep accelerating and the economy on seemingly solid footing as the Federal Reserve cuts interest rates,”

 

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