Reported 10 days ago
Despite a recent sell-off in stocks triggered by President Trump's aggressive tariff policies, BMO Capital Markets' chief investment strategist Brian Belski maintains an optimistic year-end target of 6,700 for the S&P 500, anticipating that tariffs will be negotiated lower. He argues that the market tends to recover from downturns and projects a significant rebound over the next year, even as other analysts lower their forecasts amid growing recession fears.
Source: YAHOO