If the S&P 500 flatlines from current levels through Dec. 31, 2024, the market would still go into the history books as delivering yet another strong year on the basis of an 18.1% year-to-date rise through Monday (July 15). But the best may be yet to come, some Wall Street firms predict.

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* Recent inflation data ‘add somewhat to confidence’ for rate cuts: Powell
* Biden set to call for 5% cap on rent increases
* Wall Street expecting approval of ethereum ETFs
* Demand for safety supports gov’t bonds despite deteriorating gov’t finances
* NY Fed manufacturing activity index continues to decline in July:

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