RBC's bull case forecast for 2024 year end S&P 500 is 5300

<p>RBC forecasting a move to a record high for the benchmark US index:</p><ul><li>sentiment set up is constructive</li><li>Valuations can stay higher than many investors realize</li><li>cooling inflation should support price-to-earnings multiples</li><li>bull case is 5,300</li></ul><p>It won't be smooth sailing, the weak start in January “is just the beginning of a phase of turbulence.” </p>

This article was written by Eamonn Sheridan at www.forexlive.com.