Bharat RanjanGoldman Sachs’ chief equity strategist David Kostin doesn’t think stocks are going anywhere for the rest of the year. In a note to clients over the weekend, Kostin and his team outlined 4 main reasons why the S&P 500 probably won’t do much of anything for the rest of the year and finish at 2,100. On Monday morning, futures were indicating […]
Bloomberg TVTom LeeIn the last few weeks, concern has grown that US stocks may have peaked. Fundstrat Global’s Tom Lee isn’t so worried. In fact, he’s got a 2,325 year-end target for the S&P 500. That’s 11% higher from Friday’s levels.”[W]e continue to see a “catch-up” trade for US equities through year-end,” Lee wrote in a note to clients.”The natural question […]
FundstratTom Lee.See AlsoRBC’s Jon Golub Comes Out With A Bullish 2015 PredictionMORGAN STANLEY: ‘It Ain’t A Bubble Yet’BARCLAYS: Stocks Are Going Nowhere Next Year”Be contrarian,” Tom Lee says. “Investors are expecting 2015 to be a low-return year and are focusing on deflation and Fed tightening.”Lee, the former chief US equity strategist for JPMorgan and current head of Fundstrat Global Advisors, […]
