Wall Street Banks Target S&P 500 at 8,000 by 2026 on Profit Surge Despite Wage Decline
Deutsche Bank forecasts the S&P 500 will reach 8,000 by end-2026, driven by corporate profit growth that is outpacing labor income. Bank of America warns this profit-wage divergence is fueling a K-shaped economy where financial asset gains concentrate among higher-income households while worker wages fall.
ViaNews Editorial Team (Markets)•