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S&P 500 Predictions
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- Lemon Pip
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S&P 500 Predictions
Hello you very wonderful and amazing individuals that make up these forums. I sincerely hope you are having another good week and doing well.
We have seen this year that primarily Tech stocks have rebounded, due to the fact there is alot of interest in Artificial Intelligence, this along with the US avoiding a recession this year has helped pull the S&P 500 up by about 16% so far. I kindly wondered please if anyone has any thoughts on what the next few months will bring, up through the next quarter of 2024 until around April 2024. Do you please think the S&P 500 growth will continue into 2024 and do you please have any thoughts if the US could avoid a recession in 2024? If anyone kindly had any thoughts on this i would be forever grateful and it would mean the world to me, i would highly appreciate it.
Sending you lots of good wishes and i truly hope you continue to achieve massive success in the stock market. I truly hope you continue to do well and stay happy and healthy. Very best wishes.
We have seen this year that primarily Tech stocks have rebounded, due to the fact there is alot of interest in Artificial Intelligence, this along with the US avoiding a recession this year has helped pull the S&P 500 up by about 16% so far. I kindly wondered please if anyone has any thoughts on what the next few months will bring, up through the next quarter of 2024 until around April 2024. Do you please think the S&P 500 growth will continue into 2024 and do you please have any thoughts if the US could avoid a recession in 2024? If anyone kindly had any thoughts on this i would be forever grateful and it would mean the world to me, i would highly appreciate it.
Sending you lots of good wishes and i truly hope you continue to achieve massive success in the stock market. I truly hope you continue to do well and stay happy and healthy. Very best wishes.
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- Lemon Slice
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Re: S&P 500 Predictions
I too have an interest as I am in USB's S&P tracker fund. Sadly I don't have a crystal ball with which to answer your question, but I would say that S&P will probably do better than FTSE, and I believe Mr. WB recommends it.
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- The full Lemon
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Re: S&P 500 Predictions
Oggy wrote:I too have an interest as I am in USB's S&P tracker fund. Sadly I don't have a crystal ball with which to answer your question, but I would say that S&P will probably do better than FTSE, and I believe Mr. WB recommends it.
I think that 5,000 by the end of 2024 is very doable, absent a dramatic global event. After all, it almost hit 4,800 nearly 2 years ago.
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- Lemon Pip
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Re: S&P 500 Predictions
Thank you very much for your responses it really means alot and is highly appreciated, it was very kind of you to get back to me. I very much hope you are doing well.
Can i please ask is it unlikely the US economy will enter a recession in 2024, with the forecast that the S&P hopefully will do well next year please? If you kindly had any thoughts on this it would mean the world to me and be highly appreciated. I understand that nobody has a crystal ball, but with the recession expected in 2023 and this did not happen i was kindly looking for your thoughts for 2024.
Very best wishes to you all and i very much hope you enjoy the festive period. All the very best to you.
Can i please ask is it unlikely the US economy will enter a recession in 2024, with the forecast that the S&P hopefully will do well next year please? If you kindly had any thoughts on this it would mean the world to me and be highly appreciated. I understand that nobody has a crystal ball, but with the recession expected in 2023 and this did not happen i was kindly looking for your thoughts for 2024.
Very best wishes to you all and i very much hope you enjoy the festive period. All the very best to you.
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- Lemon Quarter
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Re: S&P 500 Predictions
Lootman wrote:........
I think that 5,000 by the end of 2024 is very doable, absent a dramatic global event. After all, it almost hit 4,800 nearly 2 years ago.
5000? I hope so, but who knows?
Two substantially divergent recent forecasts for the end of 2024.
JP Morgan Chase 4200
Bank of America 5000
As ever, events, dear boy, events.
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- Lemon Slice
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Re: S&P 500 Predictions
It is fun to guess, but really nobody has a clue and if they tell you they do they're full of bull.
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- Lemon Slice
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Re: S&P 500 Predictions
It is fun to guess, but really nobody has a clue and if they tell you they do they're full of bull
Well quite, and I take a very simplistic view of investing mainly because of that. All I can usefully do is read around a little, use some common sense, and diversify somewhat. It may indeed be fun to guess, but if it's your money you are guessing with, then you can only guess if you can afford to lose it.
My pot therefore
1/4 Fundsmith
1/4 USB S&P tracker
1/2 Low cost global trackers
Boring for sure, but I feel relatively safe, returns have been OK in the past, generally seems better than sticking it in the bank. May consider part transfer to ETF global funds - VAGP - or something at some stage, and moving from Fundsmith into global trackers, but I am not tempted to anything else except leave it there and (hopefully!) watch it grow.
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- Lemon Quarter
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- Lemon Quarter
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Re: S&P 500 Predictions
OK just for fun.
Coin flip - higher
A tenner?
I guess it'll be different to now.robertbanking wrote:through the next quarter of 2024 until around April 2024
Coin flip - higher
Was that expected, I missed that.robertbanking wrote:the US avoiding a recession
I'll take other side of that bet.moorfield wrote:0 (zero) by the end of 2024.
A tenner?
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- Lemon Quarter
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Re: S&P 500 Predictions
Oggy wrote:
My pot therefore
1/4 Fundsmith
1/4 USB S&P tracker
1/2 Low cost global trackers
Total returns on the above 3 (which I also hold)
So looking back this has been a pretty good choice - but the future? Its a guess.
(Data from Hargreaves Lansdown)
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- Lemon Quarter
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Re: S&P 500 Predictions
vand wrote:It is fun to guess, but really nobody has a clue and if they tell you they do they're full of bull.
.....or full of bear!
FD
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