• S&P 500 should provide positive returns in 2024 – SocGen

Noticias del mercado

22 noviembre 2023

S&P 500 should provide positive returns in 2024 – SocGen

2024 should be a decisive year for the S&P 500. Economists at Société Générale analyze the index outlook for the next year.

S&P 500 Index seen at 4,750 by end-2024

The S&P 500 should be in ‘buy-the-dip’ territory, as leading indicators for profits continue to improve. Yet, the journey to the end of the year should be far from smooth, as we expect a mild recession in the middle of the year, a credit market sell-off in 2Q and ongoing quantitative tightening.

The S&P 500 should provide positive returns in 2024 and we keep our end-2024 target that we launched last quarter unchanged at 4,750.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: