Analysts Predict Bull Market Recovery in 2024 Despite Near-Term Uncertainty
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Analysts expect the bull market to resume in 2024, with double-digit S&P 500 earnings growth forecast.
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Inflation and interest rates will likely remain key market catalysts, as the Fed pursues its 2% inflation target.
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The U.S. presidential election could cause volatility, as could ongoing high inflation.
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Analysts see the most upside potential in real estate and consumer discretionary stocks.
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Big Tech valuations are a concern, so investors may want to avoid index funds and momentum trades.