Experts predict 2024 - S&P 500 level, what to invest?
@JC888:
It’s that time of the year and I don’t mean “Christmas”. :-p Rather it’s that time of the year where Wall Street’s top strategists inform clients where they see the stock market heading in the year ahead. Typically, the average forecast for the group predicts the $S&P 500(.SPX)$ climbing by about 10%, which is in line with historical averages. This year, strategists are offering a pretty wide range of views. Some see weakness. Some see strength. The targets range from 4,200 to 5,500, implying returns between -8.5% and +19.7% based on Fri, 01 Dec 2023’s closing. For what it’s worth, the forecasts are not as skewed to the downside as they were in 2022. Caution ! Before proceeding, please remember to take the predictions with a pinch of salt. Do