2024 - Predictions (Financials)

[winston]

Here is the FULL list of market outlooks for 2023 from the world's largest investment banks and asset managers:-

Goldman Sachs https://lnkd.in/eKzF_2K4

J.P. Morgan https://lnkd.in/eHb6-622

Morgan Stanley https://lnkd.in/e2nAMjmM

Bank of America https://lnkd.in/e8XFD8TW

BlackRock https://lnkd.in/eYxCBRGj

HSBC https://lnkd.in/eNfBiJvH

Barclays https://lnkd.in/eRT4dsFY.

NatWest https://lnkd.in/euftbUw6

Citi https://lnkd.in/eXwA-Y4X

UBS https://lnkd.in/exudCU6V

Credit Suisse https://lnkd.in/e4CEK5NZ

BNP Paribas https://lnkd.in/ec4hWEdm

Deutsche Bank https://lnkd.in/eAWCSV_7

ING https://lnkd.in/eNpdmVH8

Apollo Global Management, Inc. https://lnkd.in/ewwq_62M

Wells Fargo https://lnkd.in/euMkQnKE

BNY Mellon https://lnkd.in/ezMfVgND

Fidelity International https://lnkd.in/eJwK6tVx

Lazard https://lnkd.in/eku-xhqp

[winston]

My Latest "Prediction" For 2023

BY George Yacik

Assumption that the Fed was responsible for about half of the stock market’s 600% gain from the March 2009 bottom of 683.

So, if we cut that 600% gain in half, that would reduce the S&P’s gain to a still respectable 300%, or a little below 3,000.

I now believe the Fed won’t have to drive the economy into the tank in order to get inflation down to where it wants it to be, probably in the 2.5% to 3% range.

The Fed itself is now forecasting that inflation will fall to 3.1% next year before declining in 2024 to 2.5% and 2.1% in 2025, i.e., putting it at its long-term target.

So my latest “prediction” is that we are a lot closer to the bottom in stocks now than another 20% drop would warrant, and that 2023 could be a good year for the market.

“The Covid-19 pandemic might not be gone, but the global supply-chain crisis it spawned has abated. Goods are moving around the world again and reaching companies and consumers… Gone are the weekslong backlogs of cargo ships at large ports. Ocean shipping rates have plunged below prepandemic levels.”

“Chip inventories swell as consumers buy fewer gadgets,” another Journal article proclaims. “Semiconductor companies slash production plans amid weak demand. The world is now awash in chips.”

The Fed has already raised interest rates close to what it says will be their end point. Gasoline prices have plunged despite the ongoing war in Europe. Used car prices have declined. Home sales have plummeted. Rental prices have dropped, to the point where builders are holding back on adding more supply.

Conclusion: The Fed’s job is almost done, barring some new unforeseen crisis. That should give us some optimism for 2023.

Source: ino.com

https://www.ino.com/blog/2022/12/my-lat ... 65hiXZBxRY

[winston]

Stock Market Predictions 2023: The One Word Investors Should Fear

Few Wall Streeters are worried about unemployment. They should.

By Thomas Yeung

Investors are better off buying less-intuitive picks like consumer staples, consumer discretionary and healthcare stocks.

Source: Investor Place

https://investorplace.com/2023/01/stock ... 6OJc9o/h4=

[winston]

12 Stock Market Predictions for 2023

by Sean Williams

1. We’ll still be in a bear market by year’s end
2. The U.S. will fall into a recession in 2023
3. The interest rate yield curve will reverse its inversion during the second-half of the year
4. The U.S. inflation rate ends the year far below expectations
5. Healthcare will be the top-performing sector in 2023
6. Gold-mining stocks will be among the best-performing industries
7. Energy stocks will struggle following a strong year
8. Apple will fall below $100
9. Toyota will close out 2023 as the world’s largest automaker by market cap
10. China stocks will vastly outperform U.S. stocks
11. U.S. home prices fall as much as 20%
12. A financial crisis will unfold (best guess: subprime auto loans)

Source: The Motley Fool

https://dailytradealert.com/2023/01/09/ ... -for-2023/

[winston]

Here's a complete rundown of Wall Street's 2024 stock market predictions

by Matthew Fox

Source: Business Insider

https://finance.yahoo.com/news/heres-co ... 32308.html

[winston]

7 Stock Market Predictions for 2024

by Eric Fry

1. Stocks Take a Breather... Then Rally After That
2. Fixed Income Makes a Comeback
3. Lithium and Clean Energy Return
4. But Not All Green Energy Are Winners
5. AI Makes Things Weird
6. Blue Chips Gain Favor
7. A New AI Hardware Arms Race Emerges

Source: Investor Place