Wells Fargo Predicts 7K S&P 500, Buy Signal

Wells Fargo predicts a bullish S&P 500, with a year-end target of 7,100 points, following a strong contrarian buy signal and improving liquidity. Historical data shows an average gain of 7.5% over the next three months, favoring cyclical stocks and high-beta companies. Analyst Ohsung Kwon debunks bear market arguments, highlighting easing liquidity conditions and a more favorable market environment.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.