The 2024 Morningstar Investment Conference is a wrap, and as always, it brought some interesting and exciting presentations and panels. The event kicked off with an outlook for the stock market in the rest of 2024 and beyond from reputed strategist Savita Subramanian of Bank of America Merrill Lynch.
Outlook for Equity Investors: Savita Subramanian
She kicked off her presentation by saying that the least-important number she publishes that gets the most attention is her year-end target for the S&P 500. Of course, this is one of the most widely cited numbers from multiple analysts on Wall Street.
However, Subramanian's point was that no matter what target anyone gives, it's most certainly going to be wrong at 4 p.m. on...
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