"2024 Market Outlook: High Hopes for Stocks, Fed Cuts, and Crypto ETFs"
Investment expert Ken Fisher predicts a positive year for investors in 2024, with moderate double-digit gains for the S&P 500. He anticipates big growth stocks to lead initially, shifting to value stock leadership later in the year. Factors contributing to this outlook include normalized inflation, a non-recessionary economy, and historical trends favoring stock market climbs during presidential election years. Fisher also suggests that rate cuts will boost bank lending and benefit value stocks. Despite potential political changes and ongoing economic concerns, the forecast is optimistic, with a nod to historical parallels from the late 1960s.