This is from today’s morning short apply To receive in a arrived mail every morning together with:
Three teams strategy on Wall Street they were cut through s & p 500 (^GSPC) Prospects In the midst of a recent market in markets.
All calls have a similar taste. Economic growth forecasts fell As the uncertainty about the policy of President Trump continues. This is contrary to the environment that many expected when consensus projecting another year of strong economic growth for the American economy.
At a high level, there have been a shift of feelings, and strategists now claim that markets can no longer trade Extended estimates Seen in the last two years, and therefore the reference S&P 500 is unlikely to grow that much. There is also a simple fact that any set in stocks comes from a lower starting point and therefore cannot see a huge increase necessary to achieve previous goals.
However, 16 of the 17 strategists we follow on Yahoo Finance predict the reference index.
What is now stands for, as the chart below shows, is that there is not much clear consensus, except the general idea that supplies will at least somewhat increase.
With an upper range of as many as 6,200 and as many as 7,100, forecasts urge S&P 500 to gather anywhere from about 10% to more than 26%.
Wide, Strategists feel Current hesitation on the stock market will continue until there is greater clarity in the policies of President Trump. To what extent the shares gather from there probably depends on the prospects for economics and corporate profits.
The main strategist of Deutsche Bank Bankim Chadha wrote in a recent research note that if the original mood for the president’s tariff plans prompted a “credible plan to solve tariff uncertainty, it will allow the business cycle to continue.”
If this is the case, Chadha believes S&P 500 could hit 7,000 this year.
In the meantime, other strategists begin to talk more about the path that may not be so linear.
“Although we do not believe that the 10% withdrawal, which has already been held, is inevitable, we believe that the path to stock between now and December has become a Roccier with stronger winds,” wrote Lori Calvasina RBC Capital Markets in a recent note when it lowered its year S & P 500 with 6.200.
Last week, Citi Equity Strategist Scott Chronert told us oa “Shift of feelings” Among the investors in the last few months, as more of their clients have asked about the chanses that the S&P 500 has been hitting their “bear case” of 5,500. This is a big change in the last two years when there was a prevailing question Whether the strategists were enough bull.
