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UBS forecasts the S&P 500 to as high as 4700

S&P 500 forecasts from analysts at UBS:in Q4 the index will remain rangebound, hitting 4500 by the end of 20234700 by June of 2024UBS say that:resumption of student loan paymentsa cooling labour marketthat will both weigh on economic growth.On profit expectations for the median company in the S&P 500 are up 5.6% since July 2022estimates are at or above all-time highs in every sector but energy, healthcare, and materials."The improving profit picture is one of the key reasons that we think the ma... Read More

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Forex

Posted: Sep 6 2023, 20:59

Author Name: forexlive

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