The S&P 500 (^GSPC) has been on a tear recently, with multiple financial firms raising their price targets on the tech-heavy index. Infrastructure Capital Advisors CEO Jay Hatfield joins Market Domination Overtime to discuss his bullish S&P 500 target of 5750.
"This market should be getting smashed. We went from 380 in the beginning of the year to 435 and we’re just churning around at all time highs. So what I think what is happening is like last year, why we were bullish last year, everybody knows the next inflection is a cut, last year it was a pause. So why do you want to sell now just because it’s going to take two more months to have the cut?" Hatfield says.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
#stockmarket #stocks #yahoofinance
