Americans faced many financial challenges this year, from persistent inflation to increasingly expensive debt. However, the stock market was one area of the economy that saw improvement.After plunging more than 18% in 2022, the S&P 500 rallied over 24% in 2023. (Fun fact: Every time the S&P 500 has fallen more than 18% in a year, it has then posted at least two consecutive years of gains.)Now the question is: Will this upward trajectory continue into 2024? And how can the average person get the most out of their investments next year? Here’s what experts say about what the stock market might do in 2024.2024 stock market outlookOverall, 2024 is expected to be a transition period for the stock market, with a somewhat bumpy ride early on. Next year, investors can expect declining inflation, reasonable economic growth, and potentially, interest rate cuts by the Federal Reserve, according to Niladri Mukherjee, Chief Investment Officer for TIAA Wealth Management. “In our view, equity volatil...
