2024 Outlook: 7 Views S&P 500, AI, Rates, ETF & More
@Capital_Insights:
By FactSet Insight With 2023 in the rear-view mirror, global capital markets open a new chapter in 2024 with a mix of possibilities and uncertainties. Here, FactSet experts share their views on what to watch across U.S. earnings, artificial intelligence, banks, interest rates, M&A, major economies, ETFs, the utilities sector, and South Africa.1. Analysts Expect the S&P 500 to Report Double-Digit Earnings GrowthJohn Butters, Vice President and Senior Earnings AnalystDespite concerns about a possible recession, analysts expect the $S&P 500(.SPX)$ to report double-digit earnings growth in CY 2024. The estimated (year-over-year) earnings growth rate for CY 2024 is 11.7%, which is above the trailing 10-year average (annual) earnings gr