As we head into 2024, we want to get your predictions for how the stock market will perform next year. We’ve included a few additional questions, and all responses are anonymous. Feel free to click the link below, make your guesses and we will share the results next week.
Wall Street analysts have already unveiled their year-end projections for the upcoming year’s stock market performance. Without fail, a substantial number of these financial experts are anticipated to forecast within a narrow range, and this trend persists for 2024. Below is the present breakdown of yearend S&P 500 targets for the upcoming year.
Although stocks typically show an average annual gain of around 10%, it’s uncommon for the stock market to end a positive year with a gain of 10% or less. Since 1980, this scenario has occurred only 9 times out of 43 instances, accounting for just 21% of the time. Feel free to weigh in on your predictions by filling out our poll!
Presented by the Financial Planning Committee of Lake Street, an SEC Registered Investment Adviser
The information contained herein constitutes general information and is not directed to, designed for, or individually tailored to, any particular investor or potential investor. This report is not intended to be a client-specific suitability analysis or recommendation, an offer to participate in any investment, or a recommendation to buy, hold or sell securities. Do not use this report as the sole basis for investment decisions. Do not select an asset class or investment product based on performance alone. Consider all relevant information, including your existing portfolio, investment objectives, risk tolerance, liquidity needs and investment time horizon. Diversification does not ensure a profit or guarantee against a loss. There is no assurance that any investment strategy will be successful. Investing involves risk and you may incur a profit or a loss.