The long-term outlook from the Federal Reserve is beginning to improve. Interest rates remain high for now, but the central bank is still giving signs that it intends to cut back. While GDP growth has slowed from its post-pandemic highs, it has simply reverted toward historical norms. In short, after several years of economic cross-currents, […]
(Bloomberg) — With the S&P 500 Index setting record after record, Evercore ISI is predicting another double-digit rally through the end of 2024. Most Read from Bloomberg Julian Emanuel, the firm’s chief equity and quantitative strategist, raised his year-end forecast on the S&P 500 Index to 6,000, the highest among major equity strategists tracked by […]