Reported 8 months ago
As several financial firms raise their target goals for the S&P 500 (^GSPC), Evercore ISI notably increases its target to 6,000. Roth MKM Partners Chief Economist and Macro Strategist Michael Darda warns investors about chasing the market momentum and the dangers of leveraging in the current frenzy. He advises diversifying investments and considering laggard areas when building a long-term portfolio, emphasizing the importance of not getting caught up in a chase and maintaining a cautious approach.
Source: YAHOO