HomeMarketsU.S. Economy & JobsExpect Yields To Fall In 2024 As Inflation & The Economy Cool

Expect Yields To Fall In 2024 As Inflation & The Economy Cool

There’s nothing like price (and a pivot) to change sentiment, notes Kevin Gordon. He and Cooper Howard recap the markets as stocks trade higher into the close. The Nasdaq-100 and Dow Jones hit new all-time highs today. Gordon highlights that 2024 is about normalization versus recession. Howard mentions that they expect yields to move lower in 2024 as inflation and the economy cool. They also expect 3 rate cuts next year, but the market is expecting more. Tune in to find out more about the stock market today.

Market On Close

19 Dec 2023

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