Q2 2024 U.S. Stock Market Outlook Webinar - APAC Edition

Over the past year, markets have soared higher, yet returns have been concentrated in a handful of stocks. As these stocks are now fully to overvalued and momentum starts to fade, we look to contrarian plays to invest. Focus on those stocks that have underperformed and are unloved—and most importantly—undervalued. Join Morningstar’s Dave Sekera, CFA, Chief U.S. Market Strategist and Preston Caldwell, Chief U.S. Economist as they review why we expect the economy will dodge a recession and which areas in the market still offer upside opportunities. Learn where we see undervalued opportunities within a more than fully-valued market and how we expect the U.S. economy will play out over the course of this year. We will: • Break down our valuations and identify undervalued opportunities across categories, sectors, and stocks. • Highlight investable contrarian plays. • Provide our forecasts for real U.S. GDP, inflation, and interest rates. In our market outlook, we utilize a bottom-up perspective to determine market valuation. By leveraging off of the 1,500 companies covered by Morningstar's equity analysts, we identify which areas are undervalued versus which are overvalued. From growth stocks to value stocks and from small-cap to large-cap, we will identify where we see value today. Following the presentation, we take as many questions from the audience as time allows.