{"id":4822,"date":"2023-11-30T19:06:35","date_gmt":"2023-11-30T17:06:35","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4822"},"modified":"2023-11-30T19:06:35","modified_gmt":"2023-11-30T17:06:35","slug":"jpmorgans-sp-500-outlook-for-2024-is-grimmest-among-peers","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4822","title":{"rendered":"JPMorgan\u2019s S&amp;P 500 outlook for 2024 is grimmest among peers"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">While a number of Wall Street strategists are calling for record highs for US stocks next year, JPMorgan Chase &amp; Co. stands apart by issuing the gloomiest forecast among its peers.<\/p>\n<p>The S&amp;P 500 Index is to fall to 4,200 by the end of 2024 &#8211; about 8% down from current levels &#8211; as global growth slows, household savings decline and geopolitical risks remain high due to national elections, including in the US, which could increase policy volatility, according to Dubravko Lakos-Bouyas, the bank&#8217;s chief global equity strategist.<\/p>\n<p>JPMorgan&#8217;s view diverged from much of Wall Street, where a growing number of forecasters are predicting the S&amp;P 500 to set record highs again.<\/p>\n<p>The S&amp;P 500 has surged nearly 19% so far this year on strong economic data, falling inflation and the view Federal Reserve officials are nearing an end to their rate-hiking blitz.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>While a number of Wall Street strategists are calling for record highs for US stocks next year, JPMorgan Chase &amp; Co. stands apart by issuing the gloomiest forecast among its peers. The S&amp;P 500 Index is to fall to 4,200 by the end of 2024 &#8211; about 8% down from current levels &#8211; as global [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4822"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4823"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}