Year to date, the broad-based S&P 500 (SNPINDEX:^GSPC) has added 10%, while the growth-centric Nasdaq Composite (NASDAQINDEX:^IXIC) has added 9%. The driving force behind those gains has been strong corporate earnings growth, which itself has been fueled by enthusiasm for artificial intelligence. Indeed, FactSet Research estimates S&P 500 companies will report nearly 33% earnings growth this year, the fastest growth outside of a post-recession recovery in over three decades. And Goldman Sachs analysts argue the AI investment boom is driving nearly half of that growth, though they expect its contribution to fade going forward. However, there is some good news for investors. A stock market catalyst seen just once every four years is about to resurface, and it portends substantial upside in the coming months. Here are the important details.
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