- Analytics
- News and Tools
- Market News
- S&P 500: A 70’s style stagflation backdrop could push the index to 2525 – SocGen
S&P 500: A 70’s style stagflation backdrop could push the index to 2525 – SocGen
The S&P 500 posted its worst week since 2020. The index could tumble as low as 2525 on a 70’s stagflation backdrop, economists at Société Générale report.
S&P 500 may go to 3300 before bouncing back later in the year
“Our downbeat thesis for US Equities reflects the following factors: a) Fed hikes are taking place in a slowing growth environment, and b) we have never seen hikes and quantitative tightening in the same year.”
“We see S&P 500 fair value at 3850 points, with a volatile profile. The index may go to 3300 before bouncing back later in the year.”
“We do not factor in a recession or stagflation as a base case, but a typical recession would lead the S&P 500 down to 3200 while a 70’s style stagflation backdrop could push the index to 2525.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
