- Analytics
- News and Tools
- Market News
- S&P 500 Index: The low point is likely to be at 3,500 and 4,200 as the high point – SocGen
S&P 500 Index: The low point is likely to be at 3,500 and 4,200 as the high point – SocGen
Economists at Société Générale see the S&P 500 Index Index trading between 3,500 and 4,200.
Marginally down to 3,800 by the end of the year
“1Q23: 4,200 in the first quarter has seen the peak for this year (early China-boom than expected but not a straight-line growth).”
“2Q23: 3,500 on increased Fed expectations, inflation uncertainty from June onwards and EPS downturn.”
“3Q23 and 4Q23: should see 3,800 as Fed peaks, US 10y yield visibly down, timing rate-cuts talks pick-up again, jobless claims should rise.”
© 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
