It is Here: S&P 5,000. Opportunities and Risks? Where China is Going? Doubling Down on Value...

S&P 500 hit 5,000 for the first time while China keeps lagging. Market was disappointed by Paypal and Alibaba earnings and but also fueled by Arm and Disney.

What a week! Before the new year, all the big banks in the Wall-Street released their expectations for S&P 500 in 2024. What was surprising to me was the big chasm between Bank Of America and JP Morgan expectations.

BofA expected that S&P would see 5,000 in 2024 while JPM forecasted that it would decline to 4,200. Both forecasts were surprising to me. I …