Analysts Predict S&P 500 Surge Amid 'Roaring 2020s' and Trump Impact
TL;DR
Veteran Wall Street strategist Ed Yardeni predicts the S&P 500 will reach 10,000 by 2029, driven by a "Trump 2.0" boost following Donald Trump's recent election victory. Yardeni anticipates a business-friendly environment with tax cuts and deregulation, leading to increased corporate profits and economic growth. He has revised his earnings expectations for the S&P 500 and sees a "Roaring 2020s" scenario as likely, though he warns of potential risks from Federal Reserve rate cuts.
- Wall Street Veteran Predicts S&P 500 To Hit 10,000 By 2029: 'Roaring 2020s' Benzinga
- Why this analyst lifted S&P 500 target to 7,000 for 2025 and cited ‘meltup’ risk MarketWatch
- Watch S&P to Reach 6,600 by End of 2025, UBS Says Bloomberg
- How Trump’s election is forecast to affect US stocks Goldman Sachs
- Stock market 'exuberance' looms ahead with Trump win Yahoo Finance
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