Why these strategists see the S&P 500 falling all the way down to 3,100 in 2024

by ARKANSAS DIGITAL NEWS

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The S&P 500 SPX will soon wrap its best month in more than a year. Even a limp to that finish line that seems to be playing out won’t move the needle on that.

One particularly frustrating aspect of 2023 for investors has been waiting for a recession that never came, as many Wall Street banks also bet on that happening. BCA Research, who provides our call of the day also expected a pullback, and say that is now inevitable for 2024, possibly crushing stocks by 27% from current levels.

“We…

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