Will Stock Market Go Down In 2024. Analysts differ significantly in their outlooks for 2024, however, while some fear a potential downturn could bludgeon markets and others expect slow but steady growth that will lift. Market watchers have hit out against tuesday's budget, saying the move to hike long term capital gains tax from 10 per cent to 12.5 per cent will discourage.

Most outlooks for 2024 were published well before the end of 2023, so may not incorporate price moves or events that occurred late in the year, for example the final federal. The employment picture and consumer confidence are among several factors that may decide whether the stock market ends the year thriving or plummeting.