Stock Market Outlook: S&P 500 Could Hit New Record in a Vertical Rally
The S&P 500 could reach 4,400-4,500 by the end of the year, as easing inflation means discounting hawkish Fed talk, Fundstrat said.
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The S&P 500 could reach 4,400-4,500 by the end of the year, as easing inflation means discounting hawkish Fed talk, Fundstrat said.
"Almost by definition, once it stops hiking, it's easing. And does that work against everything the Fed is trying to achieve?"
"We don't think we've hit yet the sort of conditions that we would typically see in a genuine trough in the bear market."
Central banks can't let criticism stop them from taking away the punch bowl from markets, Mohamed El-Erian warned.
The inflation shock is over, but expect prices to remain sticky, strategists at Bank of America said.