Wall Street's 2024 Stock Market Predictions: A Comprehensive Overview

Wall Street analysts have provided their predictions for the stock market in 2024. BCA Research expects a recession and a potential stock market crash, with a bearish S&P 500 price target of 3,300. JPMorgan is also bearish, citing high equity valuations, rising geopolitical risks, and a potential recession, with a price target of 4,200. Morgan Stanley takes a neutral stance, expecting a flat stock market but with some sectors outperforming others. They recommend focusing on defensive growth stocks and late-cycle cyclical stocks.