Quote:
Originally Posted by dewilson58
Predictions are flowing in...............
BMO Capital set next year’s S&P 500 target at 6,700, or a 14% gain from here. UBS sees S&P rising to 6,400 in 2025, about 9% from here. Goldman’s 2025 stock market forecast calls for the S&P 500 to gain 11%. Wells Fargo (NYSE:WFC) Investment Institute has raised its year-end 2025 target for the S&P 500 index to 6500-6700, reflecting expectations for stronger economic growth and supportive policy changes.
Earnings growth is expected to go up entering into 2025 with first two quarters likely to produce 11.2% and 12.5% growth rate, respectively, on 5% higher revenues each quarter. Also, note that on a calendar-year basis, the 7.9% expected earnings growth this year (2024) will be followed by double-digit gains in 2025 and 2026.
SELL!!!!...................oh wait, maybe not.
 |
As the Dow reached an all-time high (yes I know it is the most manipulated index).
Maybe it will sell off next week or next month or next year or next decade. Whenever it does some people (or model) will claim they predicted it.