KNOWLEDGE is POWER / REAL NEWS is KEY
New York: Tuesday, January 25, 2022
© 2022 U-S-NEWS.COM
Online Readers: 326
New York: Tuesday, January 25, 2022
Online: 304
Donald Trump's new social media platform "TRUTH Social" Join the Waiting List - Click here
FILE PHOTO: FILE PHOTO: FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City

MONEY & BUSINESS: Factbox-Wall Street analysts’ 2022 outlook for S&P 500



FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City, New York, U.S., January 16, 2019. REUTERS/Carlo Allegri

January 5, 2022

(Reuters) – Wall Street analysts have rolled out their predictions for U.S. equity markets in 2022. The benchmark S&P 500 index rose about 27% in 2021. It closed at 4,793.54 on Tuesday.

Here is a summary of some analysts’ forecast for the index:

BROKERAGE NAME S&P500 TARGET

@ END 2022

Morgan Stanley 4,400

Wells Fargo 5,100-5,300

Goldman Sachs 5,100

RBC 5,050

BofA Global Research 4,600

Credit Suisse 5,200

Citigroup 5,100

Morgan Stanley: “While earnings for the overall index remain durable, there will be greater dispersion of winners and losers and growth rates will slow materially… 2022 will be more about stocks than sectors or styles, in our view.”

Wells Fargo: “Persistent supply shortages and inflation pressures lead us to adjust the magnitudes of some 2022 targets, but we believe the global economy should still mark an above-average pace next year. More importantly, our tactical preferences for the next 6 to 18 months are nearly all unchanged.”

Goldman Sachs: “Decelerating economic growth, a tightening Fed, and rising real yields suggest investors should expect modestly below-average returns next year.”

“In contrast with our expectation during the past year, corporate tax rates will likely remain unchanged in 2022 and rise in 2023. Corporate earnings will grow and lift share prices. The equity bull market will continue.” RBC: “We continue to see 2022 as a solid year for the U.S. equity market, but with more moderate gains than we’ve experienced in 2021.”

“While we remain vigilant on margins, we don’t think it makes sense to assume the worst on this front given the strong track record that companies have had managing through cost pressures even before the pandemic.”

Credit Suisse: “This constructive outlook is based on robust projections for economic growth in both real and nominal terms, further margin upside in cyclical groups, a pickup in buybacks and a favorable discount rate despite Fed tightening.”

Citigroup: “Earnings-related target setting inputs justify the new target. Thus, we remain moderately constructive on the broader market outlook, while acknowledging valuation headwinds as the Fed moves down a more hawkish path.”

(Reporting by Tanvi Mehta in Bengaluru; Editing by Rashmi Aich, Maju Samuel, Ramakrishnan M. and Anil D’Silva)





Source link

(Visited 8 times, 1 visits today)
KNOWLEDGE is POWER / REAL NEWS is KEY
Woke & Liberal News is Fake News
You will find it on:
CNN - CBS - MSNBC - ABC - The New York Times - The Washington Post - Facebook - Twitter and more
They ALL SUCKS and simply DO NOT tell you the truth PERIOD

WARNING! If you usually get your news from one of these so-called "News Services" Welcome to you, but be prepared for big surprises!
eg. 2+2 is not 5 or 22 but 4 - There is not 57 different genders, only 2
KNOWLEDGE is POWER / REAL NEWS is KEY
Help your friends, family and the truth by sharing this page and articles.
Amen and a-women

PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vcnVtYmxlLmNvbS9lbWJlZC92cGVmZ24vP3B1Yj00Ij48L2lmcmFtZT4=
WATCH THIS!

PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vd3d3LmJpdGNodXRlLmNvbS9lbWJlZC9KcWlBWFdWUEFLcGYvIj48L2lmcmFtZT4=
THIS IS IT!!!