Wall St. Forecasters Unusually Bullish on S&P 500

Wall Streets optimistic stock forecasters converge on a narrow range for the S&P 500 in 2026, with predictions clustering around an 11% gain. This consensus, however, raises eyebrows due to real risks like inflation and unemployment. Strategists warn that optimism hinges on smooth rate cuts and strong AI spending, with any missteps potentially causing market volatility. Historically, these year-end targets often underestimate actual market movements, so staying alert for surprises is crucial.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.