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Market could hit 'all-time highs by June' in 2024: Strategist

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The U.S. economy keeps pushing back against forecasts predicting a recession would hit in 2023. Now, investors are left wondering what this means looking ahead to 2024. J.P. Morgan Private Bank U.S. Equity Strategist Abby Yoder joins Yahoo Finance to discuss JPMorgan's recent upgrade in the consumer discretionary sector and the outlook for the S&P 500 (^GSPC) over the next year. 'We have this concept of what we've been calling a rolling earnings recession, it's where different sectors of the S&P 500 have gone through their earnings recessions at different times,' Yoder explains the reasoning behind the bullish outlook. The consumer discretionary sector '[has] already been through that earnings recession period... They've had margin support in the fact that they already cut costs, thats why we are more positive on the consumer discretionary sector.'For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

The U.S. economy keeps pushing back against forecasts predicting a recession would hit in 2023. Now, investors are left wondering what this means looking ahead to 2024. J.P. Morgan Private Bank U.S. Equity Strategist Abby Yoder joins Yahoo Finance to discuss JPMorgan's recent upgrade in the consumer discretionary sector and the outlook for the S&P 500 TFSA Investors: 2 U.S.

U.S. stocks such as CrowdStrike and Datadog have the potential to outpace the broader markets and derive inflation-beating returns. The post TFSA Investors: 2 U.S. Tech Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.TORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.

-- Billionaire Bill Ackman would be interested in pursuing a deal with Elon Musk-owned X Corp. as part of a new investment vehicle, the Wall Street Journal reported.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonSevere Crash Is Coming for US Office Properties, Investors SayOnce Unthinkable Bond Yields Now the New Normal for MarketsCongress Averts US Government Shutdown Hours Before DeadlineAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.

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