S&P 500 Seen Surging Over 25% by 2025 Amid Rate Cuts, Outperformance vs. Bonds
- S&P 500 forecast to soar 26% to 6,500 by end of 2025 (implying further upside)
- Current stock valuations not as extreme as 1929 & dot-com bubble levels
- Stocks expected to continue outperforming bonds and "safe" assets
- Fed likely to cut interest rates more than markets expect (by 200 basis points through mid-2025)
- First Fed rate cut could come as early as June 2019