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Wall Street pros were bullish for 2021, just not bullish enough – The Australian Financial Review
In January, the highest year-end target for the S&P 500 was 4400. The benchmark index ended the week just shy of 4700.
The resilience is doing little to dissipate gloom among strategists when it comes to 2022. The average projection for the S&P 500 at the end of 2022 is 4843, representing a mere 3 per cent advance from the current level. That counts as the least optimistic…
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