2024-06-21 22:59:00 +0300

Stoltzfus Sticks by Call for S&P; 500 to Rally 40% by Year-End

Bloomberg

There are bears who see another 20% rout ahead for the S&P 500, and there’s bulls offering a theory for why the worst is over. And then there’s John Stoltzfus.

The Oppenheimer & Co. chief investment strategist is sticking to his January forecast that the benchmark index will end the year at 5,330 -- a whopping 40% or so from where it currently stands after advancing on Tuesday.

#forecast #benchmarkindex #investmentstrategist #oppenheimer

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