Analysts at Barclays have an S&P500 target of 4800 for 2024.

They say that 2023 was a "roller coaster", proving that the current cycle is anything but normal. For 2024:

  • "We expect US equities to deliver single-digit returns next year"

Easing inflation will be offset by a modest modest deceleration in the economy.

Powell Lagarde roller coaster