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WSJ Your Money Briefing

Will the Stock Market Rally Continue in 2024?

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 29 December 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

Positive corporate earnings reports and the Federal Reserve leaning toward lowering interest rates helped propel stocks higher in the fourth quarter of 2023. “WSJ’s Take on the Week” host Dion Rabouin joins host J.R. Whalen to discuss factors that are likely to impact stocks in 2024. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.0

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0:24.2

ek slash special offer. Here's your money briefing for Friday December 29th. I'm J. R. Whelan for the Wall Street Journal.

0:37.0

For wrapping up our look at how your finances and careers were shaped by economic forces in 2023, and on the final trading day of the year, we put the

0:45.6

spotlight on the stock market. The U.S. economy is actually expected to grow about six times

0:51.2

as fast as the Fed predicted at the beginning of the year.

0:54.0

So soft landing really was what we saw and that's been great for the stock market because

0:58.9

it's shown that the Fed is able to get inflation back down without causing damage to the rest of the economy.

1:05.0

Dionne Raboyne, host of W.S.J's Take on the Week, will join us to discuss what to expect in 2024.

1:11.0

After the break. Okay, so I've changed your brake pads, I've replaced a wiper blade and topped up your screen wash.

1:25.0

Anything else you wanted me to look at?

1:27.0

Yeah, my washer dryer only works on a short cycle.

1:30.0

I've got it in the boot.

1:31.0

Like getting your money's worth.

1:32.0

Grab a McDonald's over meal deal.

...

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