Bank of America's Cautious S&P 500 Outlook

Bank of America stands alone in its more cautious S&P five hundred forecast, predicting single-digit upside by 2026. They attribute this to an AI air pocket, a market instability caused by large tech companies asset-heavy model and unclear revenue plans. Despite concerns, they maintain a year-end target of 7100, making their outlook a compelling addition to the market forecasting landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.