Reported 1 day ago
Rob Lenihan reports that a veteran fund manager has expressed concerns over the S&P 500's future, predicting a potential 15% drop in the index amidst high valuations and economic uncertainties. Following a successful year in 2024, analysts are keenly watching the impacts of the newly elected Trump administration's policies on economic growth and inflation, while Goldman Sachs anticipates steady growth yet warns of risks including tariffs and bond yields. Additionally, predictions about severe weather events pose further threats to businesses and markets.
Source: YAHOO