[manaboutown]

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.

Well, I am not selling. It was fun to watch the valuation of the equity portion of my portfolio increase last week. Predictions of market movement have little value. Many are given by those in the financial industry set to profit from them. Anything can happen at any time. As Charlie Munger advised, never interrupt the compounding unnecessarily.