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Making sense of the markets this week: January 7, 2024.

Authors :
Prevost, Kyle
Source :
MoneySense; 1/5/2024, p1-1, 1p, 1 Color Photograph
Publication Year :
2024

Abstract

This article provides predictions and insights into the financial markets for the year 2024. The author predicts that Canada's TSX 60 index will outperform the S&P 500, citing lower valuations as a potential advantage. They also anticipate that tech stocks will underperform the TSX Composite due to current valuations. The article discusses the potential impact of the U.S. election on the markets, expressing concerns about the possibility of civil unrest if Donald Trump were to win. Additionally, the author predicts that GDP in Canada will remain stagnant and that oil prices will stay below $85 per barrel. They also offer predictions for Tesla's stock performance and the future of cryptocurrencies. [Extracted from the article]

Details

Language :
English
ISSN :
14881349
Database :
Complementary Index
Journal :
MoneySense
Publication Type :
Periodical
Accession number :
174651844