Reported 11 months ago
Wall Street bull Ed Yardeni from Yardeni Research predicts that the US stock market's bull market will continue until 2030, with the S&P 500 potentially reaching 8000 points by the end of that year. This represents a 46% increase from the current levels. Yardeni cites various positive factors contributing to this optimism, including strong economic growth, high profit expectations, excitement over artificial intelligence, and potential risks like a market melt-up followed by a crash due to excessive valuation.
Source: YAHOO