Wharton Prof Forecasts Stocks, Housing Jump in 2024 as Rates Fall, Recession Avoided
• Stocks and home prices will jump in 2024 according to Wharton professor Jeremy Siegel • Value and small stocks expected to outperform "Magnificent Seven" big tech stocks • Siegel predicts Fed will cut rates 5-6 times in 2024, bringing them below 4% • Housing market should see 4-5% price growth in 2024 as rates fall • Siegel believes economic "soft landing" is likely in 2024, avoiding recession