Bank of America and RBC analysts forecast that the S&P 500 will reach a historic high in 2024.

Translate this to English: S&P 500 will reach a historical high in 2024, according to strategists from Bank of America and RBC. Both teams are optimistic about the performance of US stocks next year, arguing that companies have adapted to higher rates and have overcome macroeconomic impacts. Savita Subramanian from Bank of America predicts that the S&P 500 will close at 5,000 points, 10% higher than its current closing. Meanwhile, Lori Calvasina from RBC raises her price target for the index to 5,300, a 17% increase. Both strategists highlight that valuations can remain high and that the presidential elections and the predicted economic slowdown in 2024 and 2025 are the main challenges for the stock market. According to Subramanian, the market has already absorbed geopolitical impacts and American exceptionalism remains intact. Bank of America strategists cite a stable economy and a favorable environment as reasons for their optimism. Although most investors remain pessimistic, Subramanian believes that the bull market has not reached its peak and that there is still room for earnings growth. In summary, analysts from Bank of America and RBC predict that the S&P 500 will reach a new historical high in 2024. Both teams highlight that US companies have adapted to higher rates and have overcome macroeconomic impacts. Despite the presidential elections and the predicted economic slowdown, the strategists are optimistic about the performance of US stocks next year.