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How high and far can US stocks rise? Wall Street experts: By the end of 2030, it will reach 8000 points!

六月清晨搅
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Ed Yardeni, the president of investment consulting firm Yardeni Research and a long-term bull market on Wall Street, recently stated that the bull market in the US stock market will definitely continue until the end of this decade (i.e. 2030).
In a recent program, Yadini reiterated his bullish prediction for the stock market. He predicts that by the end of 2025, the S&P 500 index is expected to reach 6000 points, and by the end of 2030, it may rebound to 8000 points, which means the benchmark index will continue to rise by 46%.
According to Yardeni, a series of positive factors will help it achieve this goal. He pointed out that in his view, the "roaring 1920s" have returned.
"I'm still optimistic. I think this is a bull market... These are my basic predictions, with at least a 60% chance that the 'Roaring 1920s' are back," he said of his price target.
Positive factors
Yardeni said that given the strong momentum of the US economy, the stock market appears to be on a good track.
Economists from the Atlanta Federal Reserve Bank have stated that despite concerns about the US economy falling into recession, the US economy is still expanding, with an expected GDP growth of another 3% this quarter.
The strong economic background has also boosted people's confidence in corporate profitability. Wall Street's profit expectations for the next 12 months are currently at historic highs, reflecting the optimistic sentiment of forecasters.
In addition, investors are increasingly excited about the potential of artificial intelligence, which has steadily driven large technology stocks higher in the past 18 months.
Yadini said, "People are very excited about artificial intelligence, and the reality is that technology companies have released some quite impressive performance reports." He refers to the huge profits of companies such as Nvidia and Oracle. He also added that the news about the technological revolution is still very exciting, and he believes that it will drive the booming development of the stock market.
However, the stock market will still face some risks in the coming year. Yardeni said that if the stock market does not rise sustainably, there is a 20% chance of a "surge" and subsequent "collapse" in the market, which is consistent with the views of other forecasters who warn that there may be a pullback in the market after long-term excellent performance.
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