S&P 500 Could Rally 18% by Year-End If Economy Holds Up and Fed Pauses Rate Hikes, Says Strategist

S&P 500 could surge 18% to 4,900 by year-end, per Oppenheimer's chief investment strategist

Forecast based on economy staying strong and Fed ending rate hikes

While 5% Treasury yields sparked concern, they're normal historically

73% of S&P 500 companies beat Q3 earnings estimates so far

Rate hikes weighed on stocks in 2022, but cuts could boost them