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Stock analysts who got it wrong last year predict a soft landing in 2024

Por: CBS News Business December 09, 2023

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What a difference a year makes. Heading into 2023, stock forecasters were predicting an imminent recession triggered by high interests would torpedo financial markets. As we head into 2024, by contrast, Wall Street expects a soft landing for the U.S. economy to power the market to record highs. Most strategists also expect the Federal Reserve to turn the page on its  and for the S&P 500 to grind higher in the new year.Like most New... + full article



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