Yardeni lifts S&P 500 targets on Trump 'animal spirits'
Portfolio Pulse from
Yardeni Research has increased its S&P 500 targets for 2024, 2025, and 2026 following Donald Trump's reelection. Ed Yardeni expresses optimism about market performance with Trump's second term.
November 11, 2024 | 11:00 pm
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POSITIVE IMPACT
Yardeni Research has raised its S&P 500 targets for the next three years due to increased market optimism following Trump's reelection.
The S&P 500 is directly impacted by Yardeni's revised targets, which are based on the anticipated positive economic policies under Trump's second term. This suggests a bullish outlook for the index.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
IVV, an ETF tracking the S&P 500, is likely to benefit from Yardeni's increased targets for the index due to Trump's reelection.
IVV, which tracks the S&P 500, is expected to benefit from the positive outlook on the index due to Yardeni's revised targets following Trump's reelection.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80