Deutsche Bank – The S&P 500 Could Be About To Roar HigherBala Murali Krishna
Days after the S&P 500 broke out of a historically unusual tight trading range for the past three months, Deutsche Bank is predicting a surprise move up for the index.
“We see a broader-based more sustainable move up in the S&P 500 on an imminent turn-up in growth and a positive data surprise phase,” the German bank’s global research team said in a newsletter last week. “Our 1-month surprise index (MAPI) leads and is pointing to a turn up in the 3 . . .
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