The Market Still Has Room To Climb Higher

The article reiterates a bullish stance on the S&P 500, citing resilient US growth and “robust” AI-driven CAPEX as key supports. While inflation risks remain, it expects energy-driven inflation spikes to fade and forecasts no rate hikes in 2026, with cuts more likely in 2027. Overall, the view is constructive but tempered by persistent inflation uncertainty.

Analysis

The article reiterates a bullish stance on the S&P 500, citing resilient US growth and “robust” AI-driven CAPEX as key supports. While inflation risks remain, it expects energy-driven inflation spikes to fade and forecasts no rate hikes in 2026, with cuts more likely in 2027. Overall, the view is constructive but tempered by persistent inflation uncertainty.