mercredi 31 décembre 2014
One Wall Street Guru Had The Guts To Say 2014 Would Be Huge For The Stock Market
Posted on 23:37 by nice news
After 2013's 31% gain in the S&P 500, almost no one expected 2014 to see double-digit gains in the US stock market, especially considering the fact that it's doubled since 2009.
Almost no one but Tom Lee.
As JP Morgan's chief US equity strategist, Lee forecast in December 2013 that the S&P 500 would top out at 2,075 in 2014, surging 17% from the time he made that call.
"The bull market, which began in March 2009, is acting like a 'classic' secular bull market," Lee wrote in a Dec. 13, 2013 note. "[T]he 6th year of a bull market has historically been very strong, which would suggest that the market will continue to build upon the strong gains seen in 2013 as it enters its 6th year."
Read more: http://ift.tt/1rD9d2d
Almost no one but Tom Lee.
As JP Morgan's chief US equity strategist, Lee forecast in December 2013 that the S&P 500 would top out at 2,075 in 2014, surging 17% from the time he made that call.
"The bull market, which began in March 2009, is acting like a 'classic' secular bull market," Lee wrote in a Dec. 13, 2013 note. "[T]he 6th year of a bull market has historically been very strong, which would suggest that the market will continue to build upon the strong gains seen in 2013 as it enters its 6th year."
Read more: http://ift.tt/1rD9d2d
One Wall Street Guru Had The Guts To Say 2014 Would Be Huge For The Stock Market
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