S&P 500

Binky’s Bullets: Wall Street’s Biggest Bull Explains His S&P 2600 Call

Earlier this week, Bloomberg reported that Binky had summited Mount Siegel. That's right, Deutsche Bank's Binky Chadha is now officially the most bullish Wall Street strategist when it comes to the S&P, which he figures will hit 2600 by the end of the year.

Earlier this week, Bloomberg reported that Binky had summited Mount Siegel.  That's right, Deutsche Bank's Binky Chadha is now officially the most bullish Wall Street strategist when it comes to the S&P, which he figures will hit 2600 by the end of the year. Here are some bullet points Bloomberg threw together. His prediction exceeds the highest estimate of 2500 among strategists surveyed by Bloomberg in Jan. Chadha says V-shaped recovery in GDP and earnings growth, unfolding for a year now, has further to go Better growth, higher rates argue for equity inflows after two years of outflows Sees proposed corporate tax reform having small impact on aggregate earnings in long run, with large redistributive impacts across sectors and stocks But that's not good enough. I mean when you're talking about the biggest bull on Wall Street you don't want second hand information. You want to hear it straight from the horse's mouth. And so, with that, I bring you Binky's bullish bullets. Via Deutsche Bank's Binky Chadha The post election "Trump rally" has not reflected expectations of policy changes or stimulus. It in fact followed the typical trajectory around close presidentia
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1 comment on “Binky’s Bullets: Wall Street’s Biggest Bull Explains His S&P 2600 Call

  1. TB says:

    A little late for a “V-shaped recovery in GDP and earnings growth” … hockey stick maybe, but not a V …

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