Keyword: price target

Wall Street’s 2020 Price Targets for the S&P 500 Here are the 2020 year-end targets for the S&P 500 from Wall Street strategists. Image: Yahoo Finance

S&P 500 Bottom-Up Target Price Industry analysts in aggregate expect the S&P 500 to rise 13.0% over the next 12 months. Image: FactSet

U.S. Core PCE vs. Fed Target The U.S. core personal consumption expenditures price index, which excludes food and energy, rises to 1.6% in June. Inflation trending back up toward the Fed’s 2% target is good news. You may also like “U.S. Core Inflation Expected Over the Next 21 Months.”

BofA Bull & Bear Indicator The BofA bull & bear indicator is at 6.9 vs. 6.5 last week. BofA forecasts a price-target for the S&P 500 at 3,333 by March 2020. Image: BofA Global Research

S&P 500 Forecast for 2020 Goldman Sachs forecasts a price-target for the S&P 500 at 3400 by year-end 2020, and a downside scenario at 2600 depending on tariffs and the US election result. Image: Goldman Sachs

S&P 500 Forecast for 2019 Goldman Sachs is holding its year-end price-target for the S&P 500 at 3100, and its downside scenario at 2620 (as of August 23, 2019). Image: Goldman Sachs Global Investment Research

Expected Fed Funds Rate as of June 1, 2019 Traders are pricing in two full cuts in the fed funds target before the end of 2019. Fed funds futures for January 2020 imply an expected rate of only 1.85%.  Let’s hope the Fed gets the message from the market. You may also like “Markets Have…