Stock Market Outlook: S&P 500 Can Rally 20% If It Clears 3 Hurdles
"As we move into the the second week of June, our confidence that [the] S&P 500 will gain >20% in 2023 has increased," Fundstrat's Tom Lee said.
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"As we move into the the second week of June, our confidence that [the] S&P 500 will gain >20% in 2023 has increased," Fundstrat's Tom Lee said.
The academic and market expert doesn't see US stocks surging this year, despite AI hope driving them higher in recent months.
"We are entering a dangerous phase," Morgan Stanley Wealth Management CIO Lisa Shalett said in a recent research note.
The dollar's recent slump looks set to continue through 2023, UBS Global Wealth Management's Dominic Schnider said Friday.
"We think they're close to wrapping it up, thank goodness," JP Morgan Asset Management strategist Phil Camporeale said Wednesday.