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Think the stock market boom is too ‘extreme’? Think again

From Sengkang to Sheffield or Seattle, you celebrate above-average, even huge years – like 2024 – more often than down years

    • "Extreme" years are more common for stock markets than "average" ones, the writer argues.
    • "Extreme" years are more common for stock markets than "average" ones, the writer argues. ILLUSTRATION: PIXABAY
    Published Mon, Dec 2, 2024 · 05:00 AM

    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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