Wall Street has taken on a pro-risk attitude amid economic resilience and in the wake of the presidential election. Yet a shifting Fed mentality, trade war uncertainties, and AI cost concerns threaten to derail that confidence. But the so-called January barometer tells us that as goes January, so goes the year. According to BofA Global Research, over the last 97 years, when stocks are up in January, 80% of the time the rest of the year ends in the green. The S&P 500 rose 2.6% in January, though February is off to a rockier start.
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