Market Optimism and Election Outcomes Shape US Stock Forecasts
Evercore ISI predicts the S&P 500 will reach 6,600 by mid-2025, driven by "animal spirits" following Trump's election victory, which has sparked significant market gains. The investment bank sees small-cap stocks, particularly in the Russell 2000, as key players in this rally due to attractive valuations and expected Federal Reserve rate cuts. Sectors like Technology, Communication Services, Consumer Staples, and Health Care are anticipated to benefit the most from these market dynamics.
