Wall Street is running out of bears
Posted: Jun 30, 2024
- Wall Street bears are finding it difficult to convince clients of the stock market vulnerability - Banks like Goldman Sachs, Citigroup, and UBS upgraded their S&P 500 forecasts - Some analysts believe there could be a sharp downturn due to slowing growth and high valuations - JPMorgan analysts predict a 25% drop in the S&P 500 by year-end - Bearish views are being challenged by optimistic investors caught up in the current rally
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!