Reported 2 days ago
Wall Street is bracing for slower growth in the S&P 500 in 2025, according to Brian Mulberry, a portfolio manager at Zacks Investment Management. Despite an impressive 45% increase over the last two years, Mulberry warns that this growth may create a 'false sense of security' among investors. He projects only modest returns of 8-10% in 2025, alongside earnings growth estimates reaching $280 per share. The concentration of earnings growth in a few key stocks, the 'Magnificent Seven', poses a risk, as any disruption in their performance could lead to significant market volatility.
Source: YAHOO