US market outlook: The S&P 500 will start at 5200 next year, and the strategist Dow Jones average, which predicted an increase this year, will rise at 6.46 dollars
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Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 6.46 dollars to 36254.33 dollars, and the NASDAQ Comprehensive Stock Price Index, which has a high high-tech stock ratio, fell 63.84 points to 14340.13. The S&P 500 average, which consists of the stocks of 500 companies that are large American stocks, fell 10.98 points to 4593.39.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 6.46 dollars to 36254.33 dollars, and the NASDAQ Comprehensive Stock Price Index, which has a high high-tech stock ratio, fell 63.84 points to 14340.13. The S&P 500 average, which consists of the stocks of 500 companies that are large American stocks, fell 10.98 points to 4593.39.
$Dow Jones Industrial Average (.DJI.US)$
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
[Preview] US November CPI is scheduled to be announced tomorrow night The decisive moment that will affect US stocks has arrived
The US Bureau of Labor StatisticsTuesday, December 12, 2023 at 22:30 Japan timeuponUS Consumer Price Index (CPI) for NovemberIt is planned to be announced. The policy decisions of the US Federal Open Market Committee (FOMC) will be revealed on the 13th (14th am Japan time), and it is expected that they will direct the stock market and economy in 2024.
The FRB faces the next major problem, not the pros and cons of implementing interest rate cuts, but the reason
The most important issue facing the US economy and financial markets next year is not whether the US monetary authorities will cut interest rates, but why. As inflation falls dramatically from last year's high level for the first time in decades, the possibility that interest rate cuts will be implemented in 2024 appears to be increasing. The Federal Open Market Committee (FOMC) is expected to forecast interest rate cuts next year using interest rate prediction distribution charts (dot plots) after leaving policy interest rates unchanged for 3 consecutive meetings this week. However, it seems that the number of times will not be as high as investors and economists anticipate.
There is a possibility that the US Fed will push back market interest rate cut expectations
Eric Beisman, chief economist and portfolio manager of MFS Investment Management, stated in a memo for investors that the US Federal Open Market Committee (FOMC) to be held this month is likely to push back market expectations where interest rates at the end of 2024 are at a level indicating interest rate cuts of about 125 basis points (bp).
US stocks will hit their highest prices in 2024 to avoid recessions-MLIV survey
Will the US avoid entering a recession (recession) in 2024 $S&P 500 Index (.SPX.US)$ will hit a record high, but the rate of increase in the same index is expected to fall below 20% this year against the backdrop of sluggish consumption. The latest Bloomberg “Markets Live (MLIV)” survey showed.
$Nasdaq Composite Index (.IXIC.US)$
$S&P 500 Index (.SPX.US)$
Top news
[Preview] US November CPI is scheduled to be announced tomorrow night The decisive moment that will affect US stocks has arrived
The US Bureau of Labor StatisticsTuesday, December 12, 2023 at 22:30 Japan timeuponUS Consumer Price Index (CPI) for NovemberIt is planned to be announced. The policy decisions of the US Federal Open Market Committee (FOMC) will be revealed on the 13th (14th am Japan time), and it is expected that they will direct the stock market and economy in 2024.
The FRB faces the next major problem, not the pros and cons of implementing interest rate cuts, but the reason
The most important issue facing the US economy and financial markets next year is not whether the US monetary authorities will cut interest rates, but why. As inflation falls dramatically from last year's high level for the first time in decades, the possibility that interest rate cuts will be implemented in 2024 appears to be increasing. The Federal Open Market Committee (FOMC) is expected to forecast interest rate cuts next year using interest rate prediction distribution charts (dot plots) after leaving policy interest rates unchanged for 3 consecutive meetings this week. However, it seems that the number of times will not be as high as investors and economists anticipate.
There is a possibility that the US Fed will push back market interest rate cut expectations
Eric Beisman, chief economist and portfolio manager of MFS Investment Management, stated in a memo for investors that the US Federal Open Market Committee (FOMC) to be held this month is likely to push back market expectations where interest rates at the end of 2024 are at a level indicating interest rate cuts of about 125 basis points (bp).
US stocks will hit their highest prices in 2024 to avoid recessions-MLIV survey
Will the US avoid entering a recession (recession) in 2024 $S&P 500 Index (.SPX.US)$ will hit a record high, but the rate of increase in the same index is expected to fall below 20% this year against the backdrop of sluggish consumption. The latest Bloomberg “Markets Live (MLIV)” survey showed.
Buy-side strategists have a bullish view of next year
Buy-side strategists have a bullish view on the US stock market, although they are looking at FRB monetary easing more carefully than market expectations for next year. Steady growth in US corporate profits and a resilient economy $S&P 500 Index (.SPX.US)$ It is said that it will be pushed to a record high of 5200 by the end of 2012. This level is about 13% higher than the current one.
— MooMoo News Zeber
Distribution source: Bloomberg, Dow Jones, MINKABU
Buy-side strategists have a bullish view on the US stock market, although they are looking at FRB monetary easing more carefully than market expectations for next year. Steady growth in US corporate profits and a resilient economy $S&P 500 Index (.SPX.US)$ It is said that it will be pushed to a record high of 5200 by the end of 2012. This level is about 13% higher than the current one.
— MooMoo News Zeber
Distribution source: Bloomberg, Dow Jones, MINKABU
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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