From Sengkang to Sheffield or Seattle, you celebrate above-average, even huge years – like 2024 – more often than down years
ARE stocks “overbought”?
Wrong-headed bears seemingly think so, claiming US and world stocks’ big year-to-date returns through Nov 25 – and Singapore stocks more than quadrupling long-term annualised averages – signal stocks partied too hard in 2024.
Hence, many argue, a horrid 2025 hangover must loom. Wrong!
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