2024

With the Fed factoring in four rate cuts in 2024 per the latest Federal Open Market Committee (FOMC) meeting, market participants are increasingly looking at the rate-sensitive sectors of the economy. Lower interest rates generally lead to cheaper borrowing costs, which can stimulate demand for...

The cryptocurrency world is abuzz with anticipation as analysts and experts make bold predictions for Bitcoin (CRYPTO: BTC) in 2024. What Happened: Following an impressive 152% surge in 2023, the global crypto market is rife with optimism and enthusiasm for what lies ahead. According to recent...

As we enter 2024, Tom Lee of Fundstrat presents a mixed forecast for the stock market. While he remains optimistic about the overall performance, he signals potential disturbances early in the year. What Happened: Lee projects a significant rise in the S&P 500, expecting it to hit new heights...

Former Treasury Secretary Larry Summers said on Friday that inflation continues to remain the most important risks in the year ahead. Inflation Risk Lingers: The outcome as far as inflation is concerned came closer to the prediction of Team Transitory, said Summers in an interview with Bloomberg....

Electric vehicle stocks came under significant selling pressure in 2023 as conditions remained inclement for production as well demand. That said, shares of market leader Tesla, Inc. (NASDAQ:TSLA) rode on a strong first-half performance and doubled during the year. Here are the key themes that...

As 2023 concludes, the bond market has witnessed a remarkable rally, bolstered by the strength of the U.S. economy and a reduction in inflationary pressures. Despite this, some analysts caution that investor optimism might be overly optimistic for the upcoming year, The Wall Street Journal ...

The telecom sector hasn’t had its best year in 2023, particularly AT&T Inc (NYSE:T). The stock is down over 10% so far this year. Nonetheless, the markets appear to have something different in store for 2024. The biggest financial sector firms, namely Bank of America and Citigroup, are...

Piper Sandler Cos (NYSE:PIPR) has identified three biotech stocks as its “top picks” for 2024. The investment bank is signaling a potential turnaround for the sector next year. As illustrated in the data below, the biotech sector is lagging behind the broader U.S. equity market, as...

In the fast-evolving landscape of generative artificial intelligence (GenAI), mega-cap technology giants are engaged in fierce competition. According to a Raymond James Financial Inc (NYSE:RJF) analyst, a few key names will win the race toward commercialization. GenAI Is Still In Its Early Stages...

With just one trading session left in the year, the U.S. market has rebounded impressively from its lackluster performance in 2022. The S&P 500 is poised to break out to a new high, boasting a gain of 24.6% for the year. Meanwhile, the S&P Equal Weight Index, which equally weights its...

State Street Global Advisors is looking toward quality U.S. equities to provide gains and outperform in 2024. As high rates stifle growth and increase volatility, investors would be looking for potential gains with stability. In a 2024 ETF Market Outlook, Michael W Arone, CFA Chief Investment...

Crude oil faced a challenging trajectory in 2023, lagging behind various financial assets, and is on track to end the year in the red. Despite robust demand sustained by the global economy’s resilience in the face of inflation and high interest rates, oil struggled to maintain its momentum. ...

Crypto hedge funds are witnessing a comeback after surviving the tumultuous conditions in 2022. With Bitcoin’s continual strong performance and a newfound interest in tokens, many are predicting a promising 2024. What Happened: Bloomberg reported on Wednesday that crypto hedge funds that...

According to Rich Hill, head of Real Estate Strategy at Cohen & Steers Inc (NYSE:CNS), the REIT sector is on the brink of a significant upswing in 2024. Hill points to a confluence of factors that are set to propel growth beyond historical averages, with the declining trend in both nominal and...

Gene Munster, the managing partner at Deepwater Asset Management, shared his insightful year-ahead outlook for the technology sector. In an appearance on Benzinga’s “PreMarket Prep” Wednesday, Munster provided a comprehensive look into the future of tech stocks. Artificial...