Time again for some forecasts

Why not. Forecasts are always fun.

Let’s start with the forecasts for the S&P500 for the end of 2024. At the time of writing, the index stood at around 5,700.

Then a slightly longer view, 18 months from now. On average, the S&P 500 rises 8.5% 18 months after the first Fed rate cut. Not too bad 😊.

Sources: yahoo!finance, Factset, Edward Jones