Financial institution of America says US inventory mkt statistically costly, raises 2025 value goal anyway

Financial institution of America says broad market is ‘statistically costly on virtually each metric’

• raises year-end value S&P 500 to six,000
• we see restricted near-term upside to the cap-weighted S&P 500 and like the equal-weighted index, however our bear market signposts — the triggers that usually precede an S&P 500 peak — will not be signaling elevated dangers of an imminent bear market
• alternatively, the S&P 500 is increased high quality, much less levered and extra asset gentle in comparison with prior many years
• long-term development expectations on megacap tech at a report excessive
• sees potential for a market rotation into cyclicals and excessive dividend-yielding shares

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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