07-12-2023
The S&P 500 is poised to rally to 5,200 by the end of 2024 as falling inflation will lead to lower interest rates and faster-than-expected erasing of financial conditions, said Tom Lee, head of research at Fundstrat Global Advisors.
07-12-2023
Total consumer credit rose $5.2 billion in October, down from a $12.2 billion gain in the prior month, the Federal Reserve said Thursday. Economists had been expecting a $9.1 billion gain, according to the Wall Street Journal forecast.
07-12-2023
Financial conditions are now looser than in September, says economist.
07-12-2023
Yet all bets are off if the S&P 500 closes below 4400.