Expert Prediction of Market Correction Before 2024 Election

Monday, 8 July 2024, 20:45

Morgan Stanley CIO predicts a 10-15% market correction before the 2024 election. S&P 500 reaching its 2024 ceiling with only 17% of companies outperforming the index. Small-cap stocks may benefit from a looser labor market and lower interest rates. Investors should prepare for potential market turbulence ahead of the election.
Benzinga
Expert Prediction of Market Correction Before 2024 Election

Market Correction Prediction by Morgan Stanley CIO

Morgan Stanley's Chief Investment Officer forecasts a 10-15% market correction before the 2024 election.

S&P 500 Reaches 2024 Ceiling

Currently, the S&P 500 is nearing its 2024 peak, with only 17% of companies surpassing the index.

  • Small-Cap Opportunities: Small-cap stocks could benefit from a more relaxed labor market and lower interest rates.

Investors should be cautious and ready for potential market volatility in the lead-up to the election.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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