S&P 500 Price Target Prominent Wall Street strategist, Michael Wilson, known for his previous bearish outlook, has shifted to a bullish stance on U.S. stocks, predicting that the S&P 500 could rise by 11% by the end of 2025. Image: Bloomberg
S&P 500 Price Target Following the U.S. elections, strategist Ed Yardeni has raised his S&P 500 targets to 6,100 for 2024, 7,000 for 2025, 8,000 for 2026, and predicts it will reach 10,000 by the end of the decade. Image: Bloomberg
Gold Price Forecast Goldman Sachs has updated its forecast for gold prices, anticipating that the precious metal will hit US$3,000 per ounce by the end of 2025, a prediction that slightly diverges from futures market expectations. Image: Goldman Sachs
S&P 500 Valuation – Shiller’s Cyclically-Adjusted Price-To-Earnings (CAPE) Ratio The Shiller CAPE ratio is high compared to historical norms. While valuation metrics aren’t reliable timing tools, investors should note that extended periods of high valuations typically lead to lower future returns. Image: Morgan Stanley Research
U.S. Federal Debt Growth and Gold Price While the increase in U.S. federal debt has traditionally correlated with higher gold prices, multiple other factors significantly influence gold’s market value. Image: Deutsche Bank
Gold Price Gold’s impressive performance in 2024 can be attributed to strong central bank purchases, its role as a safe haven during uncertain times, and its effectiveness as an inflation hedge. Image: Bloomberg
Gold Spot Price Per Ounce Since 1920 The combination of soaring national debt, geopolitical instability, and concerns over currency devaluation creates a robust environment for gold prices to thrive. Image: BofA Global Investment Strategy
Performance – Price Ratio of Emerging Markets to U.S. Equities Since the global financial crisis, emerging market equities have continuously underperformed U.S. equities, leading to the current situation where the ratio between the two is at its lowest since 1969. Image: BofA Global Investment Strategy
Brent Crude Oil Prices Recent geopolitical tensions have led to significant fluctuations in Brent crude oil prices, marking the largest weekly increase since April, exacerbating inflation concerns as the rising energy costs ripple through the economy. Image: Deutsche Bank
S&P 500 Average Annual Price Return Historical data indicates that during positive years, the S&P 500 typically achieves substantial gains, averaging an annual return of 19.0% since 1928. Image: Carson Investment Research
U.S. vs. Developed Market Equities (ex-US) Price Relative While there is potential for U.S. equities to maintain their lead in the near term due to strong earnings and market dynamics, historical cycles suggest that this dominance may wane as international markets recover and valuations adjust. Image: BofA Global Investment Strategy