Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
Wall street veteran sees massive S&P 500 rally ahead
The Street
Follow
6/2/2025
As Wall Street grows more cautious, this analyst sees the S&P 500 surging over the next six months.
Category
🥇
Sports
Transcript
Display full video transcript
00:00
My outlook for the S&P 500 over the next six months is probably on the higher end. I've
00:05
maintained 6,900. The S&P will get close to that, if not surpass over the next six months.
00:12
I'm certainly one of the highest out there on the street, and I understand that. But
00:17
I do believe some of the policies that are being implemented right now will pay massive dividends
00:23
going into next year. And I think once we get some of the uncertainty that's out there regarding
00:29
the trade issues, the tax bill passage, and we can move past that going into the fall,
00:36
I believe that the earnings estimates are going to start going back up on the S&P for 2026. And
00:43
I do believe the market will start recognizing that in the fourth quarter of this year. I think
00:50
a lot of the pessimism is coming from just the reaction from the tariffs and what that's going
00:57
to mean. Is it inflationary? Is the Fed going to cut? There's a lot of issues out there with the
01:02
tax bill that people don't understand yet. And I think we're at a very high level of uncertainty
01:10
out there. I think that's what's pushing interest rates up, and that's also creating an additional
01:14
level of uncertainty. The term premium right now on the longer end of the bonds is at one of its
01:19
highest levels it's been in in quite a while. And when you reflect on what's actually happening out
01:25
there with all this policy change, it probably should be at an elevated level. But I believe
01:31
as clarity comes into these markets on what the details of the trade policies are with these other
01:38
countries and the effects that it could have on opening up U.S. business into areas of the global
01:44
markets that have never been in, I believe that clarity will come into about these issues and on the
01:50
tax bill going into the end of this year. And I believe that's going to give peace and an avenue
01:56
for business leaders to really start investing their capital because they're going to know the playbook
02:02
from there.
Recommended
1:21
|
Up next
Wall Street veteran doubles down on Palantir
The Street
5/18/2025
1:19
Wall Street veteran on protecting your wealth when markets tumble
The Street
5/13/2025
1:32
Market volatility 'will remain the norm' for next 3 to 6 months
The Street
4/18/2025
1:45
The United State Postal Service lost $6.5 billion, despite predicting otherwise
The Street
11/15/2023
1:08
What history tells us about the risk of a market crisis today
The Street
6/4/2025
0:56
History predicted Thursday's market plummet
The Street
4/10/2025
1:36
Dan Ives says S&P could hit 7,000 as Wall Street underestimates key factor
The Street
7/1/2025
3:23
How stocks went from panic to record highs in just 6 months
The Street
5 days ago
1:45
How To Get Started in the Stock Market - Wall Street Trapper's Top Tips
The Street
3/23/2023
2:13
Dow faces 9th straight day in the red
The Street
12/17/2024
2:09
Meta Surges On Mixed Quarter, $40 Billion Buyback
The Street
2/2/2023
2:12
Markets poised for a summer rally, expert says
The Street
5/24/2025
5:11
Almost ALL Of The S&P Returns Over The Past 30 Years Has Come Overnight
Benzinga
9/19/2024
1:31
Local shares bounce back in line with U.S. rises
ABC NEWS (Australia)
4/14/2025
3:14
Wall Street veteran on navigating commodity investing
The Street
10/21/2024
4:59
Looking At Potential Moves In The S&P 500 During Election Week
Benzinga
11/4/2024
1:02
Jamie Dimon issues dire stock market warning
The Street
5/24/2025
0:58
US Stock Futures Trade Lower On Wednesday: S&P 500 Is Flashing 'Quite Rare And Rather Bullish' Signal, Says Expert
Benzinga
5/14/2025
2:11
That impact Biden and Trump had on home prices
The Street
11/1/2024
1:22
Here are the top stocks retail investors are buying right now
The Street
yesterday
1:39
Walmart stock hits all-time high
The Street
5/16/2024
1:32
Why Wall Street isn't panicking about tariff deadlines
The Street
5 days ago
0:54
The stock TheStreet Pro is most bullish on right now
The Street
3/24/2025
0:48
Wall Street veteran says America is still on top
The Street
5/24/2025
2:01
Big corporations will increase pay by almost 4% in 2025
The Street
9/16/2024