Market Insight: Is the end of the US rally looming? Forecasts from Wall Street giants are soberingly disappointing
One analyst has cut his outlook for US stocks, and one strategist even expects losses by the end of the year. Their arguments are not just interesting for skeptics, Martin Müller thinks.
The US stock market, as represented by the S&P 500, has had a good year so far, rising about 10% since the beginning of 2026. However, some analysts are warning of potential losses by the end of the year. Ed Yardeni, a well-known optimist on Wall Street, has lowered his year-end target for the S&P 500 from 8400 to 7900 points, citing rising bond yields and potential economic cooling.
The Bank of America's Savita Subramanian also predicts a 2% loss by year-end, citing high inflation and interest rate hikes by the US Federal Reserve as risks. Despite this, some strategists remain optimistic, citing expected strong earnings growth.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
