Forecast for 2024: Moderate Double-Digit S&P 500 Gains Expected
After a strong 26.6% return in 2023, many investors are skeptical about what lies ahead in 2024. However, renowned investor Ken Fisher remains optimistic, predicting moderate double-digit gains for the S&P 500 in the coming year. He believes that the current skepticism is actually a positive sign, as it’s harder to kill a young bull market than most people realize. Fisher expects big growth stocks to lead the market early in the year, with a potential shift to value stock leadership later in 2024.
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