We are currently experiencing one of the most remarkable market environments in recent history. Let’s dive into the “melt-up” in this Weekend Market Review with Brett Witkowski.

What is a melt-up?
A melt-up occurs when the market continues to rise steadily, often driven by a combination of factors. We’ve only seen a few instances of this phenomenon over the past decade.

Why are we seeing a melt-up now?
There are several key factors sparing this melt-up:

• There’s minimal tax-loss harvesting activity.
• We have rate cuts on the horizon for the foreseeable future.
• Trump’s proposed $10 trillion spending plan is fueling market optimism.

As we approach the end of 2024, we’ll continue to keep you updated every week on the latest market trends!