The Roaring 2020s? Analyst's 2025 S&P 500 Target Of 6,000 Hinges On Key Milestone
Portfolio Pulse from Aaron Bry
Edward Yardeni of Yardeni Research predicts the S&P 500 could reach 6,000 by 2025 if it hits 5,400 in 2024, a scenario he calls the 'Roaring 2020s'. This bullish outlook is based on lower inflation, strong employment, and falling Treasury yields, which recently pushed the SPDR S&P 500 Trust (SPY) to a new 52-week high. Yardeni's forecast implies a 30% increase from current levels, exceeding the historical annual average of 10%. He anticipates 2026 earnings at $300 per share with a forward P/E of 20.
December 11, 2023 | 5:26 pm
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Edward Yardeni's prediction of the S&P 500 reaching 6,000 by 2025 suggests a bullish outlook for SPY, which could see significant growth if the market follows his 'Roaring 2020s' scenario.
Yardeni's prediction directly impacts SPY as it tracks the S&P 500. The forecast of a 30% rise is significant and exceeds historical averages, indicating a strong bullish sentiment. However, predictions are inherently uncertain, and the actual outcome will depend on various economic factors and market conditions.
CONFIDENCE 70
IMPORTANCE 85
RELEVANCE 100