What will inflation look like in 2024?

The Survey of Professional Forecasters shows the median prediction for 2024 inflation is 2.5% (CPI) and 2.4% (PCE). The Wall Street Journal survey shows similar results. My own forecast is a bit less optimistic, looking for about three percent inflation in 2024, measured from year-end to year-end.

Will 2024 be a good year for the stock market?

The stock market will deliver another year of solid gains in 2024 as the second year of the bull market gets underway, even if an economic recession materializes, according to BMO's 2024 outlook.

What are consensus price forecasts for 2024?

Consensus price forecasts have been revised down an average of 2.2% annually through 2024, although prices are expected to average above current levels. S&P Global Commodity Insights produces content for distribution on S&P Capital IQ Pro.

Will the 2024 presidential election add uncertainty to the US equity market?

The Canadian bank added that while the 2024 Presidential election could add uncertainty to the market, the S&P 500 saw an average gain of around 7.5% in presidential election years. "What this stat tells us is that any given Presidential election year is a source of uncertainty for the US equity market.