The bull market is 2 years old. Here’s where Wall Street thinks stocks go next.
Two years after the onset of the bull market, Wall Street experts are cautiously optimistic about the future of stocks. While valuations are elevated, strong earnings growth and low interest rates are expected to continue supporting the market in the near term. However, concerns about slowing global growth and geopolitical risks could weigh on sentiment later in the year.
According to a recent survey of analysts, the S&P 500 is expected to rise by about 10% over the next 12 months. However, there is a wide range of estimates, with some analysts predicting a much higher return and others forecasting a modest gain or even a decline.
Overall, the outlook for the stock market is positive, but investors should be aware of the risks and consider their own investment horizon before making any decisions.
