2024 outlook

Investors are always on the lookout for untapped opportunities, especially in stocks that have been heavily discounted and now present promising opportunities for those prepared to wager on a recovery. As the new year looms, a seasoned strategy, known as the “Laggards” trade, is...

In recent weeks, several bond exchange-traded funds (ETFs) have experienced a significant surge in inflows, indicating a heightened interest among investors. This shift coincided with a market that significantly upped bets on Federal Reserve rate cuts for 2024, backed by a robust and ongoing...

November's 8.9% surge in the S&P 500 Index snapped a three-month losing streak and may lead to a subdued December. November witnessed a remarkable rally in the stock markets, with the S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), surging 8.9%. This impressive gain...

JPMorgan painted a rather pessimistic picture for the U.S. stock market in 2024, boldly positioning itself as the most bearish investment bank on Wall Street. The biggest U.S. bank is forecasting the S&P 500 to drop to 4,200 points next year, implying an 8% fall from current levels, in what can...

Given the fair winds of lower interest rates and a soft landing for the economy next year, the S&P 500 index could return 11% in 2024, analysts predict. That’s not a bad shout, given that the historical average annual return for the index is around that mark. In 2023 so far, the S&P...

Bank of America has set an optimistic target for the S&P 500, forecasting a milestone of 5,000 points by the end of 2024. This projection signals a robust 10% leap from the index’s current standings, as noted by equity analyst Savita Subramanian in a recent market outlook report. In a...

As OPEC gears up for a meeting in Vienna on Nov. 26, oil prices are on track for their fourth consecutive weekly loss. Prices are hovering at levels last seen in mid-July as the market grapples with slowing demand and easing supply concerns. Commodity analysts have identified a shift in the oil...

Goldman Sachs projected a bullish scenario for stocks in 2024, with the S&P 500 expected to hit 4,700, signifying a 12-month price gain of 5% and a total return of 6%, inclusive of dividends. Analysts David J. Kostin, Ben Snider and Ryan Hammond expect the U.S. economy to continue its modest...