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The 'Wizard of Wharton' says stocks will jump next year as economic fears fade - and fresh faith in the Fed explains the market's latest rally - Vimarsana News

The 'Wizard of Wharton' says stocks will jump next year as economic fears fade - and fresh faith in the Fed explains the market's latest rally

Wharton professor Jeremy Siegel sees value stocks beating growth stocks in 2024 after the likes of Tesla and Nvidia led the market's charge this year.

Source: yahoo.com
stocks - Vimarsana News

stocks

The market kicks off a four-day trading week with the major US indexes near record highs as 2023 draws to a close.

Source: yahoo.com
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Mortgage rates could fall below 5% next year, emboldening US consumers and allowing banks to 're-liquify,' Fundstrat's Tom Lee says - Vimarsana News

Mortgage rates could fall below 5% next year, emboldening US consumers and allowing banks to 're-liquify,' Fundstrat's Tom Lee says

In an interview with CNBC on Wednesday, Lee predicted mortgage rates could fall to around 4.75%-5.2% next year.

Source: yahoo.com
US stocks jump as downward revision to GDP growth boosts rate-cut prospects - Vimarsana News

US stocks jump as downward revision to GDP growth boosts rate-cut prospects

Third-quarter economic growth was revised down to 4.9% from an earlier reading of 5.2%.

Source: yahoo.com
The S&P 500 could tumble 20% this spring — then surge to a record high by the end of 2024, strategist says - Vimarsana News

The S&P 500 could tumble 20% this spring — then surge to a record high by the end of 2024, strategist says

Stocks may tank in the short term as a recession takes hold, but might stage an epic comeback once the Fed starts slashing rates, Marko Papic says.

Source: yahoo.com