SPX 7300+, FOMO and Melt-Up Déjà Vu

SPX +7300

SPX is +14%YTD. Goldman's Garrett points out: "Only 4 other instances where SPX is up this much at this point in the calendar (25y lookback). Past performance not indicative of future returns, but just proof things can get a bit "silly"...avg that return and you're talking spx 7300+".

2024 was +20.3% (closed the year +24%).