The S&P 500 is on track to hit the 5,000 level by 2024 based on prior secular bull markets, according to Bank of America.
• The bank compared the current bull market that began in 2013 to secular bull markets in the 1950s and 1980s.
• The presidential cycle should serve as a tailwind for stocks into the middle of 2024, BofA said.
The S&P 500 is on track to hit the 5,000 level…