MS - From Bearish To Bullish: Major Analysts Predict US Stock Market's Performance In 2024 | Benzinga
As 2023 is about to conclude with notable market gains, Business Insider offered an in-depth analysis of Wall Street's predictions for the stock market in 2024.
These forecasts reported by the outlet cover various scenarios, from potential economic downturns to the ongoing strength of the bull market, providing investors with insights into what might lie ahead. Here's a closer look at each major financial institution's forecast.
BCA Research presented a bearish outlook for the S&P 500 in 2024, predicting a significant downturn. It anticipated a recession in both the U.S. and euro area, stating, "A recession in the US and euro area was delayed this year but not avoided." BCA Research expects the S&P 500 to fall into a range of ...