Market strategists have collectively gone bullish on the S&P 500 (^GSPC) in 2024, forecasting upwards of 5,000 points by next year’s end. But is it still too early to be this bullish?
Infrastructure Capital Advisors CEO Jay Hatfield anticipates the S&P to reach as high as 5,500 points by the end of 2024, joining Yahoo Finance Live to discuss Europe’s economic situation and what factors are going into these US market calls.
“”It is really based on an optimistic work on interest rates, but that has been unfolding,”” Hatfield says on rate cuts expected by the Federal Reserve. “”Like I said, now it’s actually consensus that we’ll have cuts.””
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👍👍👍👍. I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I just began investing and i will really appreciate any tips or helpful guide..
@5’20” into video “If we are wrong it would be centered around housing crash or inflation accelerating higher ” . Sounds like propaganda to rip off the retail investor
Yea its BS
Meanwhile……..hitler quotes Putin praise and china adoration smh fascism wrapped in an American flag
Already close to 4,800!! It’s done
I believe SP500 will eventually go over 6000. The S&P 500 should be in ‘buy-the-dip’ territory, as leading indicators for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I’m still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas…
I think the safest way to handle it is to diversify your investments. One way to lessen the impact of a market catastrophe is to split investments over a variety of asset types, such as bonds, real estate, and international equities.
Agreed, It’s essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 29% this year alone… maybe you should do the same.
think you could suggest any professional/advisors i can get on the phone with? Perhaps the one you work with? i’m in dire need of proper portfolio allocation
A good FA is critical for portf0lio diversification. My advisor is ‘ Margaret Johnson Arndt’ who can be found readily and has great understanding of the financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
It might spike to 5500 for a short trip. But it will be 3500 before it ever hits 6000.
🤣🤣
Source: trust me bro.
No one knows what the S and P will reach next year. That’s to hard to predict. One of the lessons I learned in A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger.
I agree that “this time it’s different” is usually a foolish guide. But, the question is how many factors you include when comparing one time to another. There’s never been a time when the interest on the debt exceeds the amount spent on national defense and we are dwarfing that statistic. So, all things equal, this time is no different, but all things are not equal. Your chances of getting eaten by a shark are massively slim, but if someone straps a bloody roast to you and puts you in a tank with hungry great whites and tiger sharks, this time is different. Consider the circumstances before using simplistic logic. Good luck.
Or it is about to make a double top and make a historic bear market move to the downside.