S&P 500: Year-end analysis and outlook for 2024 - review, market analysis and factors influencing the growth and development of the financial markets.
After a record-breaking November, one might think that the S&P 500 would continue to rise, but what is surprising is the persistence of major investors in not putting the year's profits at risk. However, the changes so far in December show that investors are likely to want to show the big profit drivers in the annual report. Fed Chair Jerome Powell may have to make an important communication next week that will have an impact on the market depending on how transparently he acts. The last year has been marked by many warnings from chief financial institution strategists as the US economic outlook turns south. …

S&P 500: Year-end analysis and outlook for 2024 - review, market analysis and factors influencing the growth and development of the financial markets.
After a record-breaking November, one might think that the S&P 500 would continue to rise, but what is surprising is the persistence of major investors in not putting the year's profits at risk. However, the changes so far in December show that investors are likely to want to show the big profit drivers in the annual report. Fed Chair Jerome Powell may have to make an important communication next week that will have an impact on the market depending on how transparently he acts. The last year has been marked by many warnings from chief financial institution strategists as the US economic outlook turns south. However, data from the US economy remains mixed, with an industrial sector that has been in contraction for a year now. However, about 80 percent of US GDP comes from the service sector, which balances the situation somewhat. The decline in raw materials and oil markets is more indicative of current weakness in the global economy, while consumer confidence has surprisingly risen. These are all signs that could impact the market and the financial industry.
However, according to a report from finanzmarktwelt.de, the question remains whether a correction will occur before the very usual Santa Claus Rally. In addition, the US labor market data has once again made market analysts suspicious because they developed contradictorily. However, Friday's closing prices show the S&P 500 slowly closing in on the 20% rally of 2023.
Overall, there are many uncertain factors that could influence the market and the financial industry in the coming weeks. This uncertainty could lead to increased volatility and cause investors to act more cautiously. It is difficult to predict an exact picture of the impact on the market and the financial industry, but it remains to be seen how the mentioned factors will develop in the coming weeks.
Read the source article at finanzmarktwelt.de