The S&P 500 has gained 60% and the tech stock-heavy Nasdaq 100 has nearly doubled. Bitcoin is up fourfold. But history teaches us that bull markets don't last forever, and when they fall it can be ruinous to nest eggs and 401(k)s. There are plenty of potential dangers, from interminable wars to intractable budget deficits. And stocks may already be overpriced: The S&P 500's PE ratio is currently more than double the historical median.
Inflation concerns and a sense of economic vulnerability were largely responsible for Donald Trump's election, with voters seeming to believe that he would be better for their wallets than Kamala Harris. But the president-elect's campaign promises-including tax cuts and tariffs on trade that would, per a budget watchdog, add $7.8 trillion to the national debt over 10 years might well have the ...
Inflation concerns and a sense of economic vulnerability were largely responsible for Donald Trump's election, with voters seeming to believe that he would be better for their wallets than Kamala Harris. But the president-elect's campaign promises-including tax cuts and tariffs on trade that would, per a budget watchdog, add $7.8 trillion to the national debt over 10 years might well have the ...
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Forbes (Digital) - 1 Issue, December 2024/January 2025