According to Barclays strategists, the equities market is poised for a positive year in 2024, driven by the prospect of lower interest rates prompting increased cash deployment.
The team suggests that a pause in the equity markets would be logical and healthy.
“The soft landing narrative will face reality checks down the road,” analysts wrote in a note.
Given the recent market euphoria, analysts note that it’s understandable if investors are hesitant to chase the rally at current levels, opting instead to lock in some gains.
