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Why We’re Cautious Near Term and Constructive Longer Term. The Key Is Rates.

Why We’re Cautious Near Term and Constructive Longer Term. The Key Is Rates.

by Jeff Krumpelman, CFA | Nov 3, 2023 | Insights

As we near year-end, we are cautious about S&P 500 returns in the near term. Our S&P 500 targets for year-end 2023 and mid- to late-year 2024 remain the same at 4,500 and 4,800 to 5,000, respectively. Clearly, these are relatively constructive figures. Our...

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