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Friday the 13th Ends with Flat S&P 500 | Wall Street Today
Express News | Major Indexes Are Trading With Mixed Results. Several Major Companies in Key Sectors Reported Earnings This Week Which May Be Weighing on Markets
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Wall Street's “last bear” Stifel: U.S. stocks will fall to 5,000 points by the end of 2025.
① Barry Bannister, the chief investment strategist at Stifel, one of the few bears on Wall Street, expects that U.S. stocks will be below current levels by the end of 2025; ② Bannister believes that persistently high inflation may prompt the Federal Reserve to maintain high interest rates, impacting the stock market's upward momentum; ③ In contrast, other strategists are focusing on the trajectory of economic growth rather than the extent of interest rate cuts.
