Hello SPX 10.000

Animal Spirits

Roaring 2020s, Animal spirits, Trump 2.0 and world peace....How bullish can you get? Here is Yardeni's new take on the current backdrop.

"We are raising our S&P 500 year-end targets as follows: 6100 (2024), 7000 (2025), and 8000 (2026). We are now targeting 10,000 by the end of the decade. That's a 66.6% increase from 6000 currently over the next five years. We believe these forecasts are consistent with our Roaring 2020s scenario, which is receiving a boost from the animal spirits that should result from Trump 2.0's economic policies. We also expect that the animal spirits will intensify as the wars between Russia and Ukraine and in the Middle East are resolved sooner rather than later"