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OverviewAPI
JPMorgan Chase strategist suggests corporate profits may not rebound as expected in 2024, while Citigroup strategist expects profits to hold up even in a recession. Barclays projects a gentle slowdown in the global economy in 2024, with stocks more attractive than bonds. Top strategists on Wall Street anticipate a moderate stock market recovery but remain below historic highs next year. Goldman Sachs publishes its 2024 year ahead US stock market outlook, forecasting the S&P to end 2024 at 4,700, representing a 5% price gain.

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