"The beginning of bull markets has this really incredible trajectory," Demmert said in a recent interview.
AdvertisementA slew of catalysts, including investors' fear of missing out, will drive the S&P 500 to 6,000 by year's end, Demmert predicted.
"This whole thing ends, eventually, very ugly, but I think that's years away — not months," Demmert said.
So we start a new business cycle; new bull market.
AdvertisementEconomic cycles usually go for seven to eight years, Demmert said, and this bull market began two Octobers ago.
Persons:
—, James Demmert, Demmert, I'm, inflation's, there's, We're, that's, Scott
Organizations:
Service, Main, Research, Business, Federal Reserve, Bears
Locations:
Wall, Japan, India, China