Inflation – U.S. Core PCE and Forecasts BofA forecasts that U.S. core PCE will move higher in the second half of 2024 due to unfavorable base effects, but risks are substantially lower compared to the two years prior. Image: BofA Global Research
Inflation – U.S. CPI Forecasts With inflation high, the Fed’s interest rate cut decisions require a delicate balance between price stability, economic expansion and employment support. Image: BofA Global Investment Strategy
S&P 500 EPS and Index Level Forecasts Over time, stock prices are driven by earnings. According to Goldman Sachs, the S&P 500 is expected to see earnings per share growth of 8% in 2024 and 6% in 2025. Image: Goldman Sachs Global Investment Research
Inflation Forecasts Deutsche Bank forecasts U.S. core PCE inflation to reach 2.0% by 2026, with U.S. core CPI projected at 2.4% and U.S. headline CPI at 2.4%. Image: Deutsche Bank
Price of Oil Forecast In contrast to futures market’s expectations, Goldman Sachs forecasts a positive outlook for oil prices over the next 3 months. Image: Goldman Sachs Global Investment Research
Forecast – U.S. 10-Year Treasury Yield According to consensus, the 10-year U.S. Treasury yield is expected to reach 4.20% by the end of 2024. Image: The Daily Shot
U.S. 10-Year Treasury Yields Forecast According to Goldman Sachs, the 10-year U.S. Treasury yield is expected to reach 4.25% by the end of 2024, a forecast that differs slightly from the expectations of the futures market Image: Goldman Sachs Global Investment Research
Real GDP and Inflation The U.S. economy has avoided recessions and stagflations 90% of the time, inspiring confidence in investors and showcasing the country’s commitment to long-term economic stability and growth. Image: BofA US Equity & Quant Strategy
Gold Price Forecast Deutsche Bank’s model with memory effect forecasts that gold prices will rise further. Image: Deutsche Bank
Brent Crude Oil Price Forecast According to Goldman Sachs, Brent crude oil prices are projected to remain within the range of $75 to $90 per barrel until the end of 2025. Image: Goldman Sachs Global Investment Research