Some never-too-early forecasts for the S&P 500 this year
<p>I'll just get straight to it and it does look like not many houses are looking for extravagant gains in stocks for this year, or at least for the S&P 500 index. Here's the list:</p><ul><li>Citigroup – 5,100</li><li>Morgan Stanley – 4,500</li><li>JP Morgan – 4,200</li><li>BofA – 5,000</li><li>Wells Fargo – 4,625</li><li>Barclays – 4,800</li><li>Goldman Sachs – 5,100</li><li>Deutsche – 5,100</li><li>Societe Generale – 4,750</li></ul><p>It's definitely a mixed bag and so, what does that tell us? It speaks to how market players themselves are having plenty of differing thoughts on <a href="https://www.forexlive.com/news/there-is-only-one-trade-in-global-markets-right-now-20240101/" target="_blank" rel="follow">how this one trade is going to turn out</a>. But as always with these forecasts, how they change during the course of the year is to me, what matters more than the actual numbers themselves. So, let's see.</p>
This article was written by Justin Low at www.forexlive.com.
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