Reported 11 months ago
Market veteran Ed Yardeni predicts that the S&P 500 could reach 8,000 by the end of the decade, driven by AI, improving corporate earnings, and the bullish momentum in the stock market. Yardeni believes in the strength of the US economy, with GDP expected to grow and high confidence in corporate earnings, especially in technology companies benefiting from artificial intelligence. However, there are risks of a potential market correction if stocks rise unsustainably.
Source: YAHOO