Posted 12/22/2023, 4:02:00 PM
S&P 500 Could Surge 26% to 6,000 by 2025 on Economic Recovery, Productivity Gains: Yardeni
- S&P 500 could rocket to 6,000 by 2025, a 26% gain, according to veteran Ed Yardeni
- Strength would come as US economy strengthens over next 2 years with "rolling recoveries"
- Recovery signs visible in housing market as rates fall and home sales pick up
- Consumers expected to ramp up purchases in 2023 after retail inventory pile-up
- Productivity boom from AI adoption could lift growth to 3.5-4.5%, fueling stocks