Reported 3 days ago
Despite significant market turbulence due to ongoing trade tensions, strategist Craig Johnson from Piper Sandler maintains his prediction that the S&P 500 will climb to 6,600 by the end of 2025, a potential increase of 22%. Johnson believes that current investor negativity presents a buying opportunity, suggesting that the market will recover as it digests recent losses. He points to technical indicators and the recent temporary pause in tariffs as reasons for optimism in the stock market's future.
Source: YAHOO