![]() The S&P, as well as the Dow Jones Industrial Average and tech-heavy Nasdaq, is fresh off its worst year since the peak of the Great Recession in 2008. ![]() The bank said the S&P could rise as high as 5,000 if the Federal Reserve cuts rates earlier than expected (the market currently prices next May as the most likely time for this) or could fall to a two-year low of 3,700 if the economy does slip into a recession. Goldman outlined several extreme, but plausible, 2024 scenarios where stocks could swing wildly.
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