Mixed predictions for the S&P 500 in 2024 as fundamentals point to further stock gains
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#409962b2 ver:0.66

Mixed predictions for the S&P 500 in 2024 as fundamentals point to further stock gains. Wall Street is optimistic, with targets ranging from 5,250 to 6,000. Strong earnings and economic growth suggest a 'soft landing' and easing inflation fears. Tech earnings driving growth, but potential for broadening in other sectors. Historical data shows strong performance in the first 100 days of the year, particularly in election years. However, caution advised as valuations normalize. S&P 500 up 11% YTD, with targets raised by major brokerages. Reduced sensitivity to macro trends, driven by idiosyncratic growth factors. Economic softening raises expectations of looser financial conditions. Goldman Sachs raises target to 4,700 due to optimistic profit outlook. #S&P500 #stockmarket #economy #earnings #inflation #tech #electionyear #valuations #financialconditions...

#newstr #S&p500 #StockMarket #Predictions #Economy #GoldmanSachs 

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