Deutsche Bank Sets S&P 500 Target at 8,000 While BofA Warns Strong Jobs Data Kills Rate Cut Hopes
Deutsche Bank projects the S&P 500 will reach 8,000 by end of 2026, banking on anticipated rate cuts and dollar weakness. Bank of America counters that January's robust jobs report eliminates Fed rate cuts under Powell's leadership, creating a 'narrower path' for monetary easing. The split forecasts highlight divergent views on how labor market strength will impact Fed policy and equity valuations.
ViaNews Editorial Team (Markets)•