Expect a ‘bumpy landing’ for the economy in 2024—and a ‘very bullish’ year for stocks,

No economist or market watcher has a crystal ball. So when it comes to making predictions for the year ahead, many take a conservative stance, making their bull or bear case with a litany of caveats.

Over the past couple of years, though, investors have been anything but wishy-washy. In 2022, as the Federal Reserve introduced an unprecedented interest rate hiking regime in an attempt to control sky-high inflation, investors sold out of stocks, resulting in an 18% decline in the S&P 500 index.

This article was originally published by a www.cnbc.com . Read the Original article here. .