DB: S&P 500 Will Hit 2,500 Before Crashing 20%Rupert Hargreaves
The S&P 500 can reach 2500 before suffering a 20% bear market decline, that’s Deutsche Bank’s equity market prediction for next year.
It’s fair to say that Deutsche Bank’s equity analysts are fairly optimistic about the prospects for US equities during 2017. While warning of a near-term decline of 20%, the analysts point out this decline may not emerge for some time and next year earnings growth is expected to power higher stock prices.
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