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JPMorgan has released its 2024 mid-year outlook, with Marko Kolanovic predicting that the S&P 500 will end the year at 4,200. Despite the S&P 500 Index potentially reaching another record closing high, Kolanovic warns of a 23% plummet by year-end due to mounting headwinds such as a slowing economy and downward earnings revisions.
The last bear JPMorgan’s Kolanovic Warns S&P 500 Will Plummet 23% by Year-End When he covers, you know what to do
The S&P 500 Index may be headed for another record closing high, but JPMorgan’s Marko Kolanovic says the benchmark will falter in coming months in the face of mounting headwinds, from a slowing economy to downward earnings revisions https://t.co/oJyNg1STVX
JPMorgan’s Kolanovic Warns S&P 500 Will Plummet 23% by Year-End https://t.co/up1USqGkAA