Ned Davis Research Forecasts Bull Market Through 2025 and Beyond

Ned Davis Research predicts a cyclical bull rally that began in October 2022 will continue into 2025, with the average rally expected to last into the summer of 2025. The firm suggests that the current rally, based on the start date of the October 2022 stock market bottom, could last even longer into 2026 if it follows the 2011 to 2015 cyclical bull rally, or well into 2030 if it follows the technology-fueled cyclical rally of 1990 to 1998. The firm recommends a maximum overweight target of 70% in a balanced portfolio, with the remaining 25% and 5% allocated to bonds and cash. The firm also suggests investors closely monitor earnings results, as the rate at which US companies beat analyst profit estimates has topped