美银对美股转向谨慎，预测明年标普500指数将达7100点

Core Viewpoint - Bank of America is lowering its expectations for the U.S. stock market in 2024, warning that strong earnings may not translate into strong market returns [1] Summary by Relevant Categories Market Outlook - Analyst Subramanian predicts the S&P 500 index will reach 7100 points, indicating approximately a 5% price return [1] - The bank has set a wide range for the S&P 500 index, with a bear/bull market range of 5500 to 8500 points [1] Liquidity and Economic Factors - Current liquidity is at full capacity, but future trends may indicate a reduction rather than an increase [1] - Expectations include less stock buybacks, more capital expenditures, and fewer interest rate cuts from the central bank compared to last year [1] - The Federal Reserve is expected to only cut rates in response to weak economic growth [1]