both returned more than 15% with gains extending into early July. If there’s trepidation about what the second half may have in store, it’s hard to see those jitters very much in price action lately.
As the Q2 earnings season begins, Wall Street Horizon hosts a Data Minds event on July 18, where industry experts will discuss dissecting data as global markets shift in the second half of 2024. Topics for discussion include global H2 trading and risk outlook, how sector correlations can affect volatility, investor AI use cases, the latest trends in ETFs, and more.According to FactSet, S&P 500 companies are forecast to report earnings growth of 8.8%.
Moreover, the robust pace of US GDP growth over the latter half of 2023 seems like a distant memory, at least when juxtaposed with the current Atlanta Fed GDPNow real Q2 economic expansion estimate. Finally, economic surprises have been a pooper since April. Uncertainty is high regarding the future makeup of Congress and who will reside in The White House come next January. Could that bring about volatility in the months ahead? Hard to say, but history suggests it’s quite possible.tends to rise ahead of when US voters head to the polls, and there have already been rocky reactions to recent elections . All told, more than half of the global population is set to cast ballots this year.
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