JPMorgan Chief Executive Adam Krisaflowi has big hopes for the stock market, but only if the powers that need to take the necessary steps. , which has led some price-sensitive companies to gather guidelines for 2019, while the Federal Reserve has committed to reserve about $ 1.3T +. If all this happens, then SPX will easily handle 3K. "
For Crisafulli's bullish view, the S & P 500 index
will have to put more than 200 points, or about 7%, from its current level, according to his customer note quoted at CNBC on Wednesday. The Federal Reserve has not yet determined the amount of bank reserves that will be held in the balance sheet. Luis Alexander, chief economist at Nomura Securities, said the reserves would likely reach $ 1
More color is expected from the FOMC meeting in March. As for Trump and China, Wall Street analysts have a sense that although the president has abandoned plans for new tariffs for Chinese commodities, the stock exchange will suffer if the existing tariffs are not removed. American companies fear that ties with China will get worse. on your current levels.
"There are scenarios where these issues can still surprise upwards, but the chances of their deployment do not look great," he writes.
At the last check, Daw
and S & P traded lower while Nasdaq
COMP, + 0.07%
was tilted higher