Average forecasted return for S&P 500 |
At the beginning of 2024, many Wall Street strategists expected very modest returns. One sample of ~20 strategists predicted an average of +2% for 2024. Cambridge Trust |
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Forecasted S&P price targets |
Many had the S&P 500 end‐2024 around 4,800 to 5,000, with some outliers more optimistic. Yahoo Finance+2Bloomberg+2 |
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Actual S&P 500 return (price only) |
The S&P 500 rose about 23.3% in price terms in 2024. Including dividends, the total return was about 25%. RBC Wealth Management |
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