The dollar is poised for the biggest weekly drop since July as the Fed signals next-year rate cuts. European central banks maintain restrictive policies.
Gold hit a record $2,100 high, focusing on the Fed's rate cut timing. There is uncertain demand in China and India, with China's gold demand decreasing.
The Bank of America forecasts the S&P 500 hitting 5,000 in 2024. FuBank warns of US economic weakness and predicts a 4,600–4,800 S&P 500 target for 2024.