S&P 500 Index: The low point is likely to be at 3,500 and 4,200 as the high point – SocGen

…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]

Economists at Société Générale see the S&P 500 Index Index trading between 3,500 and 4,200.

“1Q23: 4,200 in the first quarter has seen the peak for this year (early China-boom than expected but not a straight-line growth).”

“2Q23: 3,500 on increased Fed expectations, inflation uncertainty from June onwards and EPS downturn.”

“3Q23 and 4Q23: should see 3,800 as Fed peaks, US 10y yield visibly down, timing rate-cuts talks pick-up again, jobless claims should rise.”

[/s2If]
Join Our Telegram Group