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The stock market is up nearly 20% so far this year, officially ending last year’s bear market.
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Few on Wall Street expected the surge — except Fundstrat’s Tom Lee, Carson Group’s Ryan Detrick, and market veteran Ed Yardeni.
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Here’s what the three strategists expect the stock market to do in the second half of the year.
The stock market’s year-to-date rally of nearly 20% surprised just about everyone on Wall Street — except Fundstrat’s Tom Lee, Carson Group’s Ryan Detrick, and market veteran Ed Yardeni.
All three strategists saw something most others did not, mainly that easing inflation and the avoidance of a recession would help power stocks out of the 2022 bear market and towards new 52-week highs.
Wall Street is starting to catch on, with many strategists raising their year-end S&P 500 price targets. So far this year, a dozen…