"2023 Market Predictions: Bulls Continue to Run in Second Half Amid Sticky Inflation"
Seeking Alpha analysts provided their outlook for the S&P 500 index at the end of 2023, with the most optimistic forecast predicting a gain of 35.8% and the most pessimistic forecast predicting a further 30% loss. As of June 30, the S&P 500 had gained 15.9% in the first half of 2023, reaching a new 52-week high. The market has been driven by a few large-cap stocks, raising concerns about breadth. Uncertainties surrounding the Federal Reserve's hawkish outlook and geopolitical events like the Ukraine-Russia war could impact the market in the second half of the year.