Reported about 3 hours ago
As the third quarter earnings season begins, Mariner Wealth Advisors chief investment strategist Jeff Krumpelman forecasts a potential 10% market correction, citing elevated valuations and investor excitement over possible Federal Reserve rate cuts. Despite this, he maintains his optimistic targets for the S&P 500, expecting it to reach 5,400 by the end of 2024 and over 6,000 by mid-2025, while acknowledging possible geopolitical and economic risks.
Source: YAHOO