2024 Q4
November 1st, 2024
Our quarterly S&P 500 forecast for 2024 Q4 (average price returns) indicates a 4.6 percent growth over the previous quarter. Our monthly forecast for November is lower than October’s average. Geopolitical problems such as the Russia-Ukraine, and the Israel-Lebanon conflict cannot be captured in a forecast model. Thus, any uncertainty concerning these issues makes the 95 % confidence interval around the point forecast rather wide.
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