Expert Predicts Bull Run to Continue, Though Pullback May Come After S&P Hits 5,000
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Market outlook is very positive currently, with experts forecasting a secular bull run lasting through 2033 or even 2040. Major indices at all-time highs.
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Author wrote series of articles in 2022 warning about impending recession risks, but economy has proven resilient with strong GDP, consumer spending, etc.
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In the near-term, author sees S&P 500 heading to 4,955-4,997 region, with support at 4,800. Pullback expected after hitting 5,000.
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Longer-term risk still for major top in 2024. Market could see sharp reversal if support levels break.
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Author provides directional analysis and guidance for S&P 500, metals, and other assets for subscribers of his investing research group.