Deutsche Bank, which seeks record gains for the S&P 500 index, says the bull market will continue into 2025, driven by solid demand for stocks from investors and solid corporate activity such as share buybacks and other spending. It is expected to continue until 2020. As 7,000. Binky Chadha, chief global strategist at Deutsche Bank, has set a target for the S&P 500 index at the end of 2025 at 7,000, which would represent a 17% rise from current levels. “We expect strong equity (and bond) inflows to continue, driven by strong risk appetite,” Chadha said in a note to clients. “We expect S&P 500 stock buybacks to rise in line with earnings, from the current annual run rate of $1.1 trillion to about $1.3 trillion next year. We expect the supply and demand backdrop to remain strong and support stock price gains.”Next year, the S&P 500 will be around 7,000. ” .SPX YTD Mountain S&P 500 Thanks to optimism about President-elect Donald Trump’s market-friendly policies, the S&P 500 is looking to end 2024 on a high note. The benchmark just set a new intraday record on Monday, rising about 5% in November and returning 25.5% in 2024, excluding reinvested dividends. Deutsche Bank expects U.S. growth to accelerate further in 2025 on the back of potential tax cuts and a push for deregulation under the incoming Trump administration. But Deutsche Bank warned that President Trump’s protectionist trade and immigration policies could also threaten its bullish thesis. “The greater the weight of aggressive trade and immigration policies, the more likely major downside risks will materialize,” Deutsche Bank said. “This could be even more negative for growth and push up inflation, which would prompt the Fed to suspend interest rates.” [interest rate] “A resumption of rate hikes would likely put upward pressure on bond yields, and could lead to consideration of resumption of rate hikes.Deutsche Bank is not the first Wall Street firm to issue a rosy outlook for stocks after the presidential election. UBS recently said it called it a so-called “riot.” The ’20s for stocks is here to stay, with the S&P 500 expected to rise again next year, reaching $7,000 in the most bullish case. Goldman Sachs’ 2025 forecast is for the stock to rise 11%.
