
The shares can withdraw an unprecedented achievement since the late 1990s
The stock market has been in a hot series recently, as the record was set after a record height, and some bulls in Wall Street believed that the party was not over.
This is an amazing reflection of the panic that caught the investors in April, when the president’s tariff “Tahrir’s Day” was shocked by President Donald Trump, the world. Arrows, Treasury bonds, and the dollar were shattered. The markets began to stagnate, and analysts cut their expectations.
But Trump set his most aggressive introductory prices, companies’ profits remained strong, consumers remained flexible, and the shares of stocks. until Foreign investors jumped to the American market. Meanwhile, his administration negotiated many commercial deals, including one with the European Union on Sunday, which removes the threat of a harmful trade war.
Now that the fog of war rose, the optimistic predictions that returned the day of liberation came back, which means that the stocks may put large numbers again – as if the shock of the tariff had a few months ago was just a bad dream.
On Monday, John Stolzvos, the chief investment strategy in Openheimer, raised the target of the target price in the S&P 500 for this year to 7100 from 5950, where he initially re -expected expectations in December 2024.
“This year reminds us of Charles Dickens’s classic quote,” It was the best time, was the worst time, ” He said in his last memoirs. “Although a lot of uncertainty and anxiety prevailed for some time with commercial policy and geopolitical events, and given many possible results, we note that cold heads prevailed – which leads to at least positive results at the present time.”
He pointed to progress in commercial negotiations, strong companies’ profits, and dealing with the federal reserves that dealt with monetary policy, which was overlooked by inflation without causing stagnation.
If the S&P 500 reaches 7,100 this year, it will be a profit of approximately 21 % for the year 2025, which represents a third year in a row with an increase of more than 20 %. This has not happened since the late 1990s, when the American economy and the stock market flourished.
Also on Monday, Morgan Stanley Michael Wilson, a stock expert in stock, said that the S&P 500 could reach 7200 by mid -2016, explaining that he began to exceed the most optimistic “bull” scenario.
He pointed to strong profits as well as the adoption of artificial intelligence, the weak dollar, Trump tax discounts, pent -up demand, and expectations for interest rate discounts in early 2026.
Another member of the 7000 club is Chris Harvey, Wales Vargo The head of the stock strategy in the stock, which he has Hold the S&P 500 from 7,007 Even during the trade war.
Last week, he reaffirmed this, expected that major technology companies continue to fuel the stock market gathering despite Trump’s commercial policies.
“What we see is that the winners continue to win,” he is Bloomberg said. “Uber-CP companies have higher margins, and gain more on the market. There is a real secular trend in artificial intelligence that will continue.”
In the long run, this contract still seems to be the “twenties of the twentieth century”, according to the veteran in the market, Ed Yardini, President of Yardeni Research.
On Monday, he supported his thesis, which he first presented in August 2020, with productivity, and a wave of capital expenditures, and will keep the ability to be stored in consumer spending.
“If the remaining part of the contract continues in the contract in 2020, we expect the S&P 500 to start the next contract in 10,000,” Yardini wrote in a note.
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