3 Top Wall Street Strategists Share Their New Year's Resolutions for Investing in 2024
Investors may need to display agility in 2024 to dodge economic blows. Mike Tyson said, "Everybody has plans until they get hit for the first time."
Investors may need to display agility in 2024 to dodge economic blows. Mike Tyson said, "Everybody has plans until they get hit for the first time."
Jason Hunter JPMorgan's esteemed chart analyst had pessimistic outlook for 2024, recent developments are challenging Hunter's bearish stance.
Stock markets will suffer in the first quarter of 2024 as a rally in bonds would signal sputtering economic growth.
One of Wall Street's biggest bulls see the S&P 500 (^GSPC) surging more than 13% over the next year.
Anticipate significant downturn in S&P 500 with potential 23% drop by mid-2024 coupled with onset of recession forewarned by JPMorgan chart analyst.
Stocks climbed last week, with S&P 500 rising 0.8% to close at 4,594.63. The index is now up 19.7% year to date, up 28.4% from its October 12, 2022.
Beneath the adrenaline rush of November’s stock-market surge is an eerie calm that points to more gains for equities investors.