Mixed predictions for the S&P 500 in 2024 as fundamentals point to further stock gains
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#409962b2 ver:0.65
Mixed predictions for the S&P 500 in 2024 as fundamentals point to further stock gains. Wall Street is optimistic, with higher year-end targets and strong earnings. However, there are warnings of potential pullbacks and valuations normalizing. Historical data suggests a strong start to the year bodes well for the rest of the year, especially in a Presidential election year. Citi argues that the S&P 500's performance is driven by factors other than macroeconomics. UBS expects looser financial conditions and sees the index reaching 5,500 by year-end. Investors should consider risk tolerance and goals. #StockMarket #SP500 #Investing...
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