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Here are 5 reasons why U.S. stocks will likely rally into the end of 2023, says one Wall Street veteran

Por: MarketWatch Business November 05, 2023

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“When the equity market soared above our year-end target of 4,400 in July, we became more cautious,” he said. “Fast forward to today, and the recent declines now provide S&P 500 upside of 6% and 12% into our year-end (4,400) and 12-month (4,650) targets.” In the note, Adam rattled off five reasons, including investors’ increasingly bearish sentiment, that augur a powerful turnaround that should begin before the end of the year. Fed’s... + full article



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