2024 Stock Market Predictions: Record Highs, Soft Landings, and Broadening Rallies
TL;DR Summary
Fundstrat's Tom Lee predicts that the S&P 500 will reach a new all-time high of 5,200 by the end of 2024, driven by a liquidity rally in the stock market. Lee believes that the Federal Reserve's shift towards managing the business cycle and the expectation of lower interest rates next year will support the market's upward trend. Other Wall Street forecasters also anticipate a positive year for the S&P 500, with several banks predicting a new record high in 2024.
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