Returns - Modelled S&P 500 Based on Change in Forward EPS and YoY Change in Fed Balance Sheet vs. Actual S&P 500

Should investors expect anemic S&P 500 returns through 2024?

Image: BofA US Equity & Quant Strategy

Modelled S&P 500 Based on Change in Forward EPS and YoY Change in Fed Balance Sheet vs. Actual S&P 500