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Wells Fargo Forecasts S&P 500 to Reach 7,900 with No Fed Rate Hikes · Cyprus Report

Business · World

Wells Fargo Forecasts S&P 500 to Reach 7,900 with No Fed Rate Hikes

1 sourceFirst reported 27 days agoUpdated 27 days ago

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Wells Fargo's Darrell Cronk predicts no interest rate hikes by the Federal Reserve.
The S&P 500 is forecasted to reach 7,900 by the end of the year.
Cronk describes market movements as a rotation within equities, not a selloff.
These comments were made during an interview on Bloomberg Surveillance.

Generated by AI from the 1 sources below · always verify with the originals

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Zero Fed Rate Hikes Baked Into S&P Forecast, Says Wells Fargo's CronkBloomberg · 27 days ago

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AI summary: catch up in 20 seconds

Wells Fargo's Darrell Cronk predicts no interest rate hikes by the Federal Reserve.
The S&P 500 is forecasted to reach 7,900 by the end of the year.
Cronk describes market movements as a rotation within equities, not a selloff.
These comments were made during an interview on Bloomberg Surveillance.

Generated by AI from the 1 sources below · always verify with the originals