Market Outlook: What's in Store for 2024?

December 8, 2023 Liz Ann SondersKathy Jones
As we approach 2024, what can investors expect from the markets in the new year?
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Read the full 2024 Schwab Market Outlook from the Schwab Center for Financial Research:

 

Read the full 2024 Schwab Market Outlook from the Schwab Center for Financial Research:

 

"U.S. Outlook: One Thing Leads to Another"
  • "Fixed Income Outlook: The Rocky Road Bond Market"
  • "2024 Global Outlook: The Big Picture"
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    Read the full 2024 Schwab Market Outlook from the Schwab Center for Financial Research:

     

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    Read the full 2024 Schwab Market Outlook from the Schwab Center for Financial Research:

     

    After a tumultuous year for the markets, what's in store for 2024? In this year-end episode, Schwab experts look ahead to consider what investors might expect from the markets in the new year.

    First, Liz Ann Sonders, Schwab's chief investment strategist, speaks with senior investment strategist Kevin Gordon. Liz Ann offers her perspective on the direction of the U.S. economy and stock market. She and Kevin discuss inflation, interest rates, company earnings, and the job market, among other topics.

    Next, Kathy Jones, Schwab's chief fixed income strategist interviews her colleagues Collin Martin and Cooper Howard. Kathy looks at what bond investors might expect from the Federal Reserve and fixed income assets in the new year. She and fixed income strategist Collin Martin recap the year in the corporate bond market and look ahead for what's next in bond investments in 2024. Kathy also discusses the muni bond market with fixed income strategist Cooper Howard.

    Then, Jeffrey Kleintop—Schwab's chief global investment strategist—joins Liz Ann on the show and examines what 2024 might hold for the global economy and markets.

    Finally, Mike Townsend, Schwab's managing director of legislative and regulatory affairs, offers his outlook on what to expect from a possible government shutdown, a busy regulatory environment, and the 2024 election.

    If you enjoy the show, please leave a rating or review on Apple Podcasts.

    Get Schwab's view on markets and economy.

    Stocks Climb to Fresh All-Time Highs to Close Week

    The S&P 500 and Nasdaq Composite posted record highs for second day in a row amid technology strength and easing inflation concern.

    Weekly Trader's Outlook

    Investors approved of this week's inflation read and responded by pushing most of the major indices to fresh all-time highs. Although we're overbought, the near-term path of least resistance appears to be higher.

    Opening Market Update

    In addition to any insight from Fed officials on the PCE data, the latest Michigan sentiment survey should give a peak into consumers' views on inflation and jobs.

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