The outlook for the US stock market in 2024 appears to be a mix of moderating inflation, economic growth, and interest rate adjustments. Key factors and predictions include stock market Fair Value : The US stock market is currently trading at a price/fair value of 1.00, meaning that the market is equal to a composite of fair value estimates. Inflation and Economic Growth : Inflation is expected to moderate throughout 2024 and into 2025. The rate of economic growth is forecast to slow in 2024, but no recession is anticipated. Interest Rates : The Federal Reserve is projected to make six interest-rate cuts over the course of 2024, double that of their current projection. Sector Performance : The technology sector is expected to move back to a choice for underweighting, while communications, basic materials, real estate, and utilities are considered attractive overweightings. Market Predictions : Wall Street's consensus is a modest single-digit gain for stocks, with the median proj
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