I posted a little while back on this forecast from BCA Research:
Canada-based BCA Research recently warned that the S&P 500 could fall to 3,750 by early 2025
The firm reiterated this forecast in a report published late lat week:
expects stocks to stabilize in the near termsays though that the medium-term direction is to the downsidecontinue to expect the US to enter a recession in late-2024 or early-2025sees the S&P 500 collapsing sometime in 2025sees the 10-year Treasury note yield down to 3%
—
I am on board with the stability in the short term, I reckon its sideways for a good few months to come.
As for 3,750, yikes, that would be would be a collapse indeed:
This article was written by Eamonn Sheridan at www.forexlive.com.
