Reported 13 days ago
Valuations are on the rise as 2024 progresses, leading to increased market index projections and strategic forecasts. Ed Yardeni of Yardeni Research suggests that earnings could grow rapidly without triggering a recession, raising the S&P 500 target for 2025 to 7,000, with potential peaks of 10,000 by the end of the decade. Yahoo Finance's Julie Hyman discusses the factors driving these rising valuations.
Source: YAHOO