• Some of the Things We're Thinking About in US Equities as 2H24 Begins

  • Jul 2 2024
  • Duración: 8 m
  • Podcast

Some of the Things We're Thinking About in US Equities as 2H24 Begins

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  • Resumen

  • Three big things you need to know: First, we are lifting our YE 2024 S&P 500 price target to 5,700 from 5,300, which we would characterize as a nervous raise. Second, we think the risks of a short-term pullback in the S&P 500 are growing, similar to what occurred in April. Third, on positioning, we think it will be tough for the US equity market to see a sustainable leadership transition away from mega cap Growth until we are through the economic soft patch.
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