Yahoo Finance published this video item, entitled “Stock market bulls make case for new highs in 2024” – below is their description.
BMO Capital Markets and Deutsche Bank strategists have set a year-end 2024 price target of 5,100 for the S&P 500 index (^GSPC), expressing bullish outlooks amid growing investor optimism. Furthermore, BMO Chief Investment Strategist Brian Belski anticipates the S&P 500’s earnings growth to also climb to $250 per share.
Yahoo Finance’s Josh Schafer weighs in on Belski’s note, budding bullish sentiments, and upbeat projections even as 2024 recession risks remain present.
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