Who got it right and wrong on Wall Street in their 2024 stock market outlook
Original year-end forecasts for the S&P 500 ranged from 4,200 at JPMorgan Chase to 5,200 at Oppenheimer. All of them were wrong.
Today, CNBC Pro published its survey of market strategists and where they see stocks heading in 2025. Any good set of predictions also should have some reflection, and there we don't disappoint. www.cnbc.com/2024/12/13/h...
13.12.2024 15:35 โ ๐ 3 ๐ 1 ๐ฌ 1 ๐ 0
Here's where the stock market is headed in 2025, according to Wall Street's top strategists
The smart money is broadly optimistic that stocks can still go higher, but it's also anticipating a turbulent market in the year ahead.
BofA's Savita Subramanian told CNBC: โA lot of clients are worried about buying the S&P today, given how lofty its valuation is, and our counter argument is, well, if you look at the average S&P 500 company, itโs trading at a massive discount ..." www.cnbc.com/2024/12/13/h...
13.12.2024 15:38 โ ๐ 4 ๐ 1 ๐ฌ 0 ๐ 0
Why investors should move out of excess cash in 2025, according to experts
Americans' love affair with cash investments doesn't appear to be fading anytime soon.
Yields on money markets, CDs and high-yield savings may seem attractive, but holding too much cash could be detrimental to your portfolio, experts warn.
13.12.2024 15:48 โ ๐ 3 ๐ 0 ๐ฌ 0 ๐ 0
CNBC is on Bluesky! Check out our starter pack of anchors, reporters and other staff at CNBC that you should follow for the latest in business news.
02.12.2024 15:06 โ ๐ 466 ๐ 117 ๐ฌ 149 ๐ 13
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