Stifel Chief Equity Strategist Barry Bannister extended his S&P 500 target on Monday to 4,650 by mid-2024. Citi Global Chief Economist Nathan Sheets writes that while positive data in 2023 has increased the probability of a soft landing—not just for the U.S., but for the global economy as a whole—he still expects the last mile of the inflation fight will be tough.
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