A rich man named Ken Fisher said that we don't need the people who control money to make it cheaper for us to buy things. He thinks this will help stocks keep going up and everything will be good in 2024. Some other people think the opposite and want the money people to make things cheaper. Read from source...

1. Fisher claims that investors do not need rate cuts for stocks to keep soaring, but he does not provide any empirical evidence or logical reasoning to support this claim. He simply relies on his own opinion and past performance of the market, which is not a valid way to make predictions.
2. Fisher ignores the fact that interest rates are only one factor among many that influence stock prices, and that other factors such as economic growth, corporate earnings, geopolitical events, and investor sentiment can also have significant impacts on market performance. By focusing only on interest rates, he is oversimplifying a complex phenomenon.
3. Fisher's statement that the GDP has accelerated over the last two quarters suggests that he is using outdated data or cherry-picking facts to support his bullish stance. According to the latest official figures, the U.S. economy grew by only 2.1% in Q1 2024 and 3.5% in Q2 2024, which are far from impressive numbers given the historical average of around 4%. Moreover, these growth rates are likely to slow down further as the effects of fiscal stimulus and trade wars wear off.
4. Fisher's forecast of a good-to-great 2024 is based on arbitrary assumptions and wishful thinking, rather than objective analysis and realistic expectations. He does not consider any potential risks or challenges that the market may face in the next few years, such as rising inflation, higher taxes, regulatory changes, social unrest, or global conflicts. He also does not explain how his forecast is different from the consensus view of other experts and analysts who are also bullish on the stock market.
5. Fisher's article is written in a confident and assertive tone, which may convey a sense of credibility and authority to some readers. However, this does not necessarily mean that his views are accurate or reliable. In fact, his style may reflect a lack of humility and openness to alternative perspectives, as well as an attempt to manipulate public opinion and influence market behavior.

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