Coming into 2023, most economic pundits were calling for a recession. However, a resilient economy proved the doubters wrong, leading to an impressive market performance, with the S&P 500 up over 20% year-to-date. Given the recent U.S. Federal Reserve pivot , this momentum might continue benefiting 2023’s top stocks. As we head into 2024, one of the major headwinds for stocks has been removed. Inflation has fallen more than the market expected, and the Fed is responding. After pausing their rate hikes since August, Chairman Powell has indicated the rate hiking cycle is over. Indeed, the latest Fed dot plots indicated that most…
3 Top Stocks of 2023 That Will Shine Again in 2024
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