2024 Outlook: Stocks Rise on Falling Rates and Profits, Small Caps and AI Outperform as Oil Slides
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Stocks predicted to post another solid year in 2024 based on falling inflation, lower interest rates, strong labor market, and high corporate profits.
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The "Magnificent Seven" big tech stocks likely to stall out and underperform smaller names.
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Small caps and AI-related stocks expected to outperform in 2024 as interest rates fall.
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Oil prices could hit $50/barrel due to excess supply and production capacity.
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No recession expected in 2024 due to optimistic economic factors like consumer strength.