Surveillance: Wall Street's 5,000 Club Grows on S&P 500 Optimism

‘Put me in the roaring 2020s camp at this point,’ Ed Yardeni says

Wall Street strategists are starting to put out their 2024 forecasts, and some are signaling fresh optimism for equities.

Photographer: Michael Nagle/Bloomberg

Welcome to the Bloomberg Surveillance newsletter, a daily look at the best interviews and insights from Bloomberg Television and Radio’s flagship morning show co-hosted by Tom Keene, Jonathan Ferro and me. Sign up here if you’re not yet a newsletter subscriber.

The numbers keep rolling in for Wall Street's stock-market guesses for yearend 2024, and they're looking pretty good. Bank of America is going with the round number of 5,000, while Deutsche Bank's Binky Chadha projects 5,100.