Fallout from the pandemic made the last two years particularly tumultuous for investors. The S&P 500 (SNPINDEX: ^GSPC) tumbled 19% in 2022, dragged down by runaway inflation, rapid interest rate hikes, and recession fears. That was its worst annual performance since the global financial crisis in 2008.

Yet, the recession many economists predicted for 2023 never materialized, and the S&P 500 rebounded 24% during the year, propelled higher by cooling inflation, excitement around artificial intelligence, and the anticipation of rate cuts. The benchmark index ended the year with nine consecutive weeks of gains, its longest win streak since 2004.

The stage is now set for another exciting year. Here are three not-so-wild stock market predictions for 2024.

Continue reading

Source Fool.com