Summarize and humanize this content to 2000 words in 6 paragraphs in EnglishSummary The long-term trend in the U.S. stock market has been higher. In the more-than 40 years since Ronald Reagan became president in 1980, stocks have turned in profitable performances almost 80% of the time. The average annual gain has been 13%. The year 2024 was another winner, as stocks extended a bull market that started in October 2022. But 2025 is off to a dismal start, with a year-to-date decline of 6% and a peak-to-trough slump of 9.5% to current levels — essentially a correction. What is more, the recent leading sectors of the stock market — Information Technology stocks in particular, growth stocks in general and U.S. stocks versus international stocks — have lagged. There is always new data emerging for investors to consider, and they can modify their outlooks and strategies as needed. The new data this go-round is primarily the trade policies of President Trump, and the related concerns among market participants that this economic approach could lead to a recession, inflation, or a decline in EPS. We started the year with a bullish outlook, expecting (normal) double-digit stock-market returns based on: economic growth

Share.