Get our free Q1 2024 report for Mitch Zacks’ thoughts on the underappreciated strength of the economy—and what lies ahead. | | In 2023, the economy and markets defied expectations. What’s next? | | | | At the beginning of last year, nearly every economist was calling for the U.S. economy to enter a recession. A recession is what everyone should have expected with interest rates rising as quickly as they did in 2022, and the yield curve remaining inverted for so long. Yield curve inversions have preceded the last eight recessions, and for many market participants, the U.S. economy was spiraling toward 1970s-style stagflation. The stock market didn’t get the memo. Stocks rose strongly in 2023, with nearly every sector delivering positive performance. Mega-cap stocks fared the best, powered by “Magnificent Seven” technology shares, but small-caps also delivered a powerful rally in Q4 that suggested a “risk-on” sentiment could make the rally more broad-based. In our free Q1 2024 Market Commentary,1 Zacks Investment Management CEO Mitch Zacks takes a look at what happened across the economy and markets in Q4, and what investors can expect in the year ahead. In this issue, you’ll read about: | | | - When Interest Rate and Inflation Expectations Fall
- Economic Fundamentals: Jobs, Growth, Inflation, and Earnings
- Risks to Consider in 2024
- Bottom Line for Investors
If you have $500,000 or more to invest, request this guide today. | | | | | Talk to a Zacks Wealth Advisor today. | | |
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