However, certain analysts are expressing skepticism. JPMorgan Asset Management advises investors to remain cautious due to the possibility of a recession, while Soci\u00e9t\u00e9 G\u00e9n\u00e9rale cautions them to brace for a volatile 2024, predicting that the index will fluctuate between nearing its record high, experiencing a decline, and subsequently rebounding.<\/p>\n\n\n\n
The focus of investors has shifted now to the conclusion of the Fed's two-day meeting on Wednesday, eagerly awaiting their decision on interest rates, along with the release of the November producer price index (PPI) data. Jason Pride, chief of investment strategy and research at Glenmede, said<\/a>:<\/p>\n\n\n\n \"They've (Fed) already taken rates up a lot... they will keep rates up in that range for longer than what the market is currently expecting. Markets do not expect more hikes and are instead focused on rate cuts.\"<\/em><\/p>\n","post_title":"U.S. Stocks Had The Highest Monthly Rally Of 2023 In November. What To Expect From The Rest Of December?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-had-the-highest-monthly-rally-of-2023-in-november-what-to-expect-from-the-rest-of-december","to_ping":"","pinged":"","post_modified":"2023-12-13 21:49:51","post_modified_gmt":"2023-12-13 10:49:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14611","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
However, certain analysts are expressing skepticism. JPMorgan Asset Management advises investors to remain cautious due to the possibility of a recession, while Soci\u00e9t\u00e9 G\u00e9n\u00e9rale cautions them to brace for a volatile 2024, predicting that the index will fluctuate between nearing its record high, experiencing a decline, and subsequently rebounding.<\/p>\n\n\n\n The focus of investors has shifted now to the conclusion of the Fed's two-day meeting on Wednesday, eagerly awaiting their decision on interest rates, along with the release of the November producer price index (PPI) data. Jason Pride, chief of investment strategy and research at Glenmede, said<\/a>:<\/p>\n\n\n\n \"They've (Fed) already taken rates up a lot... they will keep rates up in that range for longer than what the market is currently expecting. Markets do not expect more hikes and are instead focused on rate cuts.\"<\/em><\/p>\n","post_title":"U.S. Stocks Had The Highest Monthly Rally Of 2023 In November. What To Expect From The Rest Of December?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-had-the-highest-monthly-rally-of-2023-in-november-what-to-expect-from-the-rest-of-december","to_ping":"","pinged":"","post_modified":"2023-12-13 21:49:51","post_modified_gmt":"2023-12-13 10:49:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14611","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Encouragingly, Bank of America's<\/a> Savita Subramanian anticipates ongoing positive momentum for the S&P 500, projecting it to reach a record-breaking 5,000 points by year-end. Additionally, both BMO's Brian Belski and Deutsche Bank's Binky Chadha have established price targets of 5,100 points each.<\/p>\n\n\n\n However, certain analysts are expressing skepticism. JPMorgan Asset Management advises investors to remain cautious due to the possibility of a recession, while Soci\u00e9t\u00e9 G\u00e9n\u00e9rale cautions them to brace for a volatile 2024, predicting that the index will fluctuate between nearing its record high, experiencing a decline, and subsequently rebounding.<\/p>\n\n\n\n The focus of investors has shifted now to the conclusion of the Fed's two-day meeting on Wednesday, eagerly awaiting their decision on interest rates, along with the release of the November producer price index (PPI) data. Jason Pride, chief of investment strategy and research at Glenmede, said<\/a>:<\/p>\n\n\n\n \"They've (Fed) already taken rates up a lot... they will keep rates up in that range for longer than what the market is currently expecting. Markets do not expect more hikes and are instead focused on rate cuts.\"<\/em><\/p>\n","post_title":"U.S. Stocks Had The Highest Monthly Rally Of 2023 In November. What To Expect From The Rest Of December?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-had-the-highest-monthly-rally-of-2023-in-november-what-to-expect-from-the-rest-of-december","to_ping":"","pinged":"","post_modified":"2023-12-13 21:49:51","post_modified_gmt":"2023-12-13 10:49:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14611","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Analysts Index Review<\/h2>\n\n\n\n
Analysts Index Review<\/h2>\n\n\n\n