$VOO volatility going into 2026

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I'm expecting a volatile year:
- trade wars & tariffs talks
- the Fed may start cutting interest rates earlier than the market expected
- potential GDP contraction but strong job market
- the government trying to reduce yield before refinancing its debt

Despite a challenging macro environment which would push the stocks down, I think companies in the S&P500 will report earnings growth in 2025 and onwards due to improving productivity and efficiencies in operations.

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