S&P 500 Has 30% Upside As Bubble Lasts Through 2025: Capital Economics
"Our end-2025 forecast of 6,500 for the index is premised on its valuation reaching a similar level to its peak during the dot com mania."
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"Our end-2025 forecast of 6,500 for the index is premised on its valuation reaching a similar level to its peak during the dot com mania."
"The likelihood of losing money in the S&P 500 drops from a coin flip to a 2-sigma event by extending one's holding period from a day to a decade."
"Our work shows that the stock market has held up just fine in prior periods when the outperformance of mega-cap stocks started to wane," BMO said.
"With a large capex budget, internal AI supercomputer, inhouse LLM and custom AI chips, we think Meta's AI assets are underappreciated in the stock."
"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria," famed investor Sir John Templeton once said.