Barclays forecasts bullish US equities growth in 2024 despite near-term cautions ...Middle East

Barclays is looking for continued gains in US equities into the new year but are cautious near term. From a Wednesday (US time) note from analyst at the firm, in summary:lower rates in November have helped boost flows into equities, long-duration assets generally. growth stocks in technology and cyclical in particular have befittedbuying from numerous tranches of investors: long-only, retail investors, real money, along with those covering shortsThe analysts sound a cautionary tone in the near term:Rally looks exhaustedHowever:overall equity exposure is only about neutralcash holdings are high(a soft landing feels to be the consensus, and with poor returns by mutual funds in November it sugg

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Barclays forecasts bullish US equities growth in 2024 despite near-term cautions ...Middle East

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