Bullish Outlook: S&P 500 Could Hit 7000, Cyclical Sectors to Shine

Schwab Network

Despite some retail investor exuberance, Jimmy Lee sees more optimism than worry, driven by potential tailwinds like lower interest rates and less regulation. He believes this could lead to a pickup in deal activity, consumer confidence, and even a possible run to 7000 on the S&P 500. Lee is also positive on cyclical sectors like industrials and financials, but notes risks from geopolitics and some frothy valuations in the A.I. space.

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