No recession ahead: Evercore ISI predicts S&P 500 will jump 22% from current levels

Fast Money ^ | 5/24/22 | Stephanie Landsman

[entropy12]

Fed has no control to juice markets BEFORE inflation drops below 6%.
Incumbent Politicians won’t allow FED to keep inflation at 8% during election.
Inflation affects everyone, stocks affect mainly frequent traders.

[EBH]

Well, I figured everyone needed the good laugh this morning.

I read this and was ....he is in for a surprise when the unicorns come home to roost.

[fwdude]

MSLSD. Consider the source.

[MGunny]

Why not say it will jump 50 percent! LOL! Not with the current anti growth policy dictated by the DC crowd!

[ncalburt]

thanks

[Rlsau1]

I believe the oft used term for this is “dead cat bounce”.

[Magnum44]

It is true that the market has always gone up in the long term. Many investment advisors would say if that ever changed, we will have more to worry about than our money anyway.

[Dick Vomer]

I think it will hit 4200....before it goes to 1800... or 1600. That is a normal price occurrence that happens as well.

I’m thinking we’ll see a “new high” in about 4-6 years.

[ExTxMarine]

HA!HA!HA!HA!HA!HA!

Is it safe to assume the state in which this author lives has legalized recreational marijuana?!?

[Hostage]

Hammer meet nail.

[Flick Lives]

“The bull case rests on essentially a drying up of the public selling of these stocks,” he said.

—

Stocks will go up when they stop going down. Deep analysis.

[Cletus.D.Yokel]

I am more inclined to think that the Gummint will find a reason to print more free money and Wall St. will take its cut off the top.

Remember 2008 and the car industry buy-out and the mortgage collapse?

Free money, baby.

[Huskrrrr]

“Remain calm, all is well.”

[bray]

Is the Biden junta going to allow drilling again? MALA

[Cletus.D.Yokel]

“Julian Emanuel”

Uncommon surname spelling.
Any relation to Rahm Emanuel?

[VTenigma]

Where’s the “yeah, right” girl meme?

[glorgau]

Me, I put all my 401k stuff into their “stable value” fund. Gonna let it sit there for a while.

[ottbmare]

We are already in a recession. I work for a big-box retailer that has been doing very, very well. We are in an extremely prosperous area that historically has avoided the worst economic downturns. But now my store is virtually empty. People are not shopping the way they were even a few months ago.

[Georgia Girl 2]

I hope he’s not betting the cookie jar money on it.

[Zuriel]

**Any relation to Rahm Emanuel?**

If not blood relation, likely politically the same family.