Stock Market Outlook: S&P 500 Has 15% Upside, No Bubble Formed yet
The bank said continued "exceptionalism" from the mega-cap tech stocks could drive the S&P 500 to as high as 6,000.
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The bank said continued "exceptionalism" from the mega-cap tech stocks could drive the S&P 500 to as high as 6,000.
Bank of America strategists said the current bull market in stocks could stretch until 2033.
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The bull market in stocks is only 344 days old, well below the average bull and secular bull market length of 694 and 1,105 days old, respectively.
"Putting the above 3 together, one might end up with a disappointing profits outcome even without seeing an outright recession," JPMorgan said.