2024 is right around the corner, meaning experts are coming out with their top stock picks. Does it even matter? What is the track record for them? How do we take this and use it to our advantage? We discuss all of this and more in this episode.
The Federal Reserve also met this past week and kept interest rates steady. They also hinted that they might lower rates next year, which sent stocks higher. With a lot of money still on the sideline, this could be a great indication for stocks to go higher in 2024, but it's not guaranteed. If consumers and businesses ramp up spending, inflation could come back, and the fed hands will be forced again. It will be a continuing story for all of 2024.