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US Morning News Call | Trump's Treasury Pick Spurs Market Optimism, Weakens Dollar
Who could have predicted a year ago? The s&p 500 index is striving for the strongest annual gain since the millennium.
①The s&p 500 index has risen by 25.76% so far this year, with the potential to challenge the largest annual increase since the turn of the millennium; ②The Fed has started cutting interest rates, the economic performance is still good, driving US stocks to outperform expectations; ③Wall Street is optimistic about US stock profit expectations in 2025, but this unanimous optimism may not necessarily be a good thing.
December's Must-See Financial Events
Barclays joins Wall Street in a bullish outlook, predicting that the s&p 500 will rise to 6600 points next year.
Barclays stated that as corporate earnings and the economy remain strong, the s&p 500 index will rise by 10% next year, reaching 6,600 points.
As Wall Street collectively has a positive outlook on the US stock market, Deutsche Bank warns: be careful of these three major risks!
① Deutsche Bank predicts a strong surge in the US stock market by 2025, setting a target price of 7,000 points for the s&p 500 index by the end of 2025; ② At the same time, Deutsche Bank also warns that three major risks: economic downturn, geopolitical turmoil, and rising inflation may hinder the rise of US stocks.
