S&P 500 Forecast and Volatility Warning
S&P 500 Forecast Sees 5,400 on the Horizon, But Storm Clouds Gather – SPDR S&P 500 (ARCA:SPY)
Bank of America’s equity strategist Savita Subramanian revised the year-end target for the S&P 500 to 5,400 from 5,000, hinting at a modest 5% upside potential. Despite this more positive outlook, there’s recognition of sentiment improvements that introduce a layer of near-term uncertainty. The Sell …