S&P 500 expected to reach 6,600 by mid-2025 with potential volatility

From Investing.com: 2024-12-02 04:01:17

Evercore ISI strategists predict a more volatile path for the S&P 500, potentially reaching 6,600 by mid-2025. Post-election market trends suggest a “Trump 2.0” era characterized by deregulation, tax reforms, and tariff policies. Sectors to watch include Tech, Communication Services, and Small Caps, with defensive plays in Consumer Staples and Health Care recommended.

Despite potential risks like geopolitical tensions and policy shifts, Evercore sees manageable challenges ahead. A repeat of the late-2018 selloff could occur with inflation spikes or an uncooperative Fed, but a dovish Fed and lack of traditional market-top indicators support a bullish outlook. Market conditions resembling periods of strong performance are noted.



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