Risks may also arise as a result of "disruptive Trump policies triggering a crash landing" or sticky inflation leading to tighter financial conditions.
For 2025, JPMorgan sets a 6,500 target on the S & P 500 with cumulative earnings per share pegged at $270.
That suggests about 7.5% potential upside from Monday's close, after a year when the S & P 500 has soared more than 26.5%.
.SPX YTD mountain S & P 500 performance this year.
"[E]asing in rates should help broaden the earnings recovery within S & P 500 and across the size spectrum," Lakos-Buja said, referring to benefits accruing to mid- and small cap companies.
Persons:
Dubravko Lakos, Buja, Donald Trump's
Organizations:
JPMorgan, U.S, Federal, U.S ., & $
Locations:
China, U.S