The S&P 500 is up roughly 13% year to date through Oct. 13, rebounding more than 20% since an April pullback following President Trump’s “Liberation Day” tariffs. If momentum holds, 2025 could deliver a third straight double‑digit rise—an uncommon streak seen only in the 1920s, 1930s, 1950s, and 1990s. Today’s rally leans on AI—semiconductors, data centers, and cloud—stirring both optimism and bubble fears. The outlook is uncertain, but the article’s core lesson endures: own quality companies, ride out volatility, and remember the S&P 500’s roughly 7% real long‑term returns and resilience.
Prepared by Christopher Adams and reviewed by editorial team.
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