Reported 1 day ago
As investors analyze the Federal Reserve's unexpected hawkish stance on rate cuts for 2025, Evercore ISI's Julian Emanuel projects a volatile market with significant buying opportunities. He sets a year-end target of 6,800 for the S&P 500, citing robust earnings growth and productivity gains from artificial intelligence. Despite anticipated market fluctuations, Emanuel remains optimistic about overall economic strength, indicating that volatility could present advantageous buying situations throughout 2025.
Source: YAHOO