Stock Market Outlook: Forecasters Warn of End to Rally After Stellar 2024

• Some Wall Street forecasters see the latest rally hitting a wall next year.
• An uncertain economic outlook and historically high stock prices are cause for concern, analysts say.
• December could be a good time for investors to dial back risk, a Morgan Stanley portfolio manager said.

The postelection rally in the stock market is running hot into year-end, but investors shouldn’t abandon all caution as they chase the gains.