A dip-buying year awaits investors in 2024 as S&P 500 finds ‘true bottom,’ says this Wall Street bank

While falling bond-yield heroes helped drag the S&P 500 SPX out of a quick and dirty correction, we’re about to find out how much earnings still matter for markets, with mega performer Nvidia releasing results later.

Many investors may have been wrong-footed by the market this year, girding for a recession that never came, and that extends to Wall Street strategists, most set to miss their S&P 500 end-year targets.

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