Veteran analyst sets eye-popping S&P 500 target
Here's what could happen to the S&P 500 next.
Shares maintain rallied sharply since April 9, when President Donald Trump announced he would pause imposing a few of the fashionable tariffs previously announced on April 2, so-called “Liberation Day.”
The pause was more than welcome given his Liberation Day announcement had introduced about a huge risk-off transfer, sending the S&P 500 tumbling almost accurate into a endure market.
The transfer up has been a lot like a lock-out rally driven predominantly by retail investors who stepped in to "aquire the dip." Down days maintain been scarce, and met almost at the moment with shopping for from those left on the sidelines littered with FOMO.
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