DiscoverRBC's Markets in MotionSome of the Things We're Thinking About in US Equities as 2H24 Begins
Some of the Things We're Thinking About in US Equities as 2H24 Begins

Some of the Things We're Thinking About in US Equities as 2H24 Begins

Update: 2024-07-02
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Three big things you need to know: First, we are lifting our YE 2024 S&P 500 price target to 5,700 from 5,300, which we would characterize as a nervous raise. Second, we think the risks of a short-term pullback in the S&P 500 are growing, similar to what occurred in April. Third, on positioning, we think it will be tough for the US equity market to see a sustainable leadership transition away from mega cap Growth until we are through the economic soft patch.

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Some of the Things We're Thinking About in US Equities as 2H24 Begins

Some of the Things We're Thinking About in US Equities as 2H24 Begins

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