US stocks for 2024: Morningstar forecasts steady gains and five key sectors
According to a report from www.businessinsider.de, investment research firm Morningstar predicts a continued strong year for investors as inflation and interest rates are expected to decline. After four turbulent years, Morningstar expects a relative normalization in the stock market. Despite possible surprises in 2024, the company's strategists are confident that the impact of the pandemic and its consequences are increasingly behind investors. Dave Sekera, Morningstar's chief U.S. market strategist, emphasized in an interview with Business Insider that consumer patterns and spending are returning to normal and Wall Street is increasingly concerned about inflation and interest rates, which have soared during the pandemic...

US stocks for 2024: Morningstar forecasts steady gains and five key sectors
According to a report by www.businessinsider.de, investment research firm Morningstar predicts it will continue to be a strong year for investors as inflation and interest rates are expected to fall.
After four turbulent years, Morningstar expects a relative normalization in the stock market. Despite possible surprises in 2024, the company's strategists are confident that the impact of the pandemic and its consequences are increasingly behind investors. Dave Sekera, Morningstar's chief U.S. market strategist, emphasized in an interview with Business Insider that consumer patterns and spending are returning to normal and Wall Street is increasingly concerned about inflation and interest rates, which have risen sharply during the pandemic.
According to Morningstar analysis, investors should pay particular attention to five sectors. This positive outlook suggests that U.S. stocks will post steady gains in an expanding economy.
Morningstar's bullish forecast is based on the assumption that inflation forecasts are exaggerated while equity valuations are considered reasonable. This invites future investments in the selected sectors to benefit from expected market developments.
Read the source article at www.businessinsider.de