When will the US stock market’s AI bull run end? Strategists predict a further 75% increase by 2030, followed by a long-term bear market.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Glonghui, May 13 — A chief strategist on Wall Street has warned that in the early part of the next decade, US stocks may experience a brutal decline. Mary Ann Bartels, Chief Investment Strategist at the well-known US wealth management platform Sanctuary Wealth, which manages $5.8 billion in assets, recently stated, the S&P 500 Index will enter a long-term bear market in 2030, marking the beginning of a 20-year cycle, during which stock returns will be close to zero. However, Bartels noted, she expects the S&P 500 Index to see a “stunning” rally before officially entering the bear market. She estimates that by 2030, the S&P 500 Index could climb to 10,000–13,000 points. This means the S&P 500 Index could rise up to 75% from the current level. On Tuesday, the index fell 0.16% to close at 7,400.96, pulling back from its record high, as inflation data exceeded expectations and the US-Iran ceasefire agreement became increasingly fragile, prompting investors to take profits as a strong Q1 earnings season drew to a close.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$79,455.4
-1.58%
Ethereum
ETH
$2,253.11
-1.27%
Tether USDt
USDT
$0.9996
-0.01%
BNB
BNB
$669.57
+1.24%
XRP
XRP
$1.42
-1.27%
USDC
USDC
$0.9997
-0.00%
Solana
SOL
$90.59
-4.39%
TRON
TRX
$0.3500
+0.22%
Dogecoin
DOGE
$0.1126
+2.70%
Hyperliquid
HYPE
$39.09
-3.10%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now