Published:
Thursday could be telling in whether investors can look past AI spending worries fueled by Oracle, or focus on the Fed’s last rate cut of the year.
The optimists looking for cheer may find it in our
call of the day from Fundstrat Global Advisors’ co-founder Tom Lee, who says the bull market is “alive” and fairly well, targeting the S&P 500
SPX at 7,700 by end 2026. Note, the most optimistic forecast for now remains Oppenheimer’s 8,100 prediction.
