Wall Street’s forecasts mostly missed this year’s bull market rally. Here’s what strategists are saying about 2024.
Tag: Stocks and Bonds
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Hong Kong Stocks Plunge to Losses for 4th Straight Year
Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.
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Tencent and Netease Rally on Signs China May Ease Gaming Proposal
After a market rout, gaming companies like Tencent and Netease rally on signals that regulators might apply proposed curbs on users less harshly than feared.
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Downturn or Not? At Year’s End, Wall St. Is Split on What’s Ahead.
Analysts bullish on 2023 were largely right and expect more of the same in 2024. Bears caution that the Fed’s impact is yet to be determined.
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Wall Street Forecasts Won’t Tell You Where the Stock Market Is Heading in 2024
So-called stock forecasts don’t deserve the name, our columnist says. Wall Street’s track record is horrendous.