The major remarkable gamble is still expansion,” McMillan said. ” Everyone anticipates a decrease in inflation. In any case, imagine a scenario in which the economy begins to blast. Assuming expansion runs more smoking than the Fed needs, the Fed could need to climb once more. That concerns me.”
Toss in the way that there will be an exceptionally petulant and polarizing 2024 official political race and obviously there are a larger number of dangers to the market than there were in 2023.
Regardless of whether stocks actually end up having a positive year, it appears to be that the income sans work gains of 2023 will be difficult to copy.