Investment Experts Predict Once-in-a-Lifetime Stock Market Rally

1 min read
Source: Markets Insider
Investment Experts Predict Once-in-a-Lifetime Stock Market Rally
Photo: Markets Insider
TL;DR Summary

Analysts from RBA believe that stocks are approaching a "once-in-a-generation" buying opportunity, as corporate profits are expected to accelerate across sectors of the market. Despite global stocks experiencing a profits recession this year, earnings appear to have bottomed out, and RBA predicts profits to pick up through 2024. The firm sees a robust economy and expects S&P 500 earnings growth to increase by 10%-15% over the next few years. With the exception of a few overvalued tech giants, RBA believes that virtually any other investment presents a great opportunity for investors. Other market forecasters also remain bullish on stocks, despite recent declines.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

76%

421102 words

Want the full story? Read the original article

Read on Markets Insider