3rd Quarter 2024 Market Price Index. In q2 2024, investors remained optimistic about inflation trends, interest rates, and potential federal reserve (fed) rate cuts. Real gross domestic product (gdp) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the “advance” estimate.
The stock market is now 18% higher than the average wall street strategist anticipated for 2024, and it’s nearly 7% higher than the most optimistic forecast of the bunch. And overall, investors had a pretty good time in q3: