Bulls Made Skeptics as S&P 500 Passes Wall Street Forecasts

Updated on
  • Five-week rally of 8 percent leaves index ahead of estimates
  • Average forecast sees gauge lower at the end of the year

Deep Dive: S&P 500 Expectations, 10-Year Yield, Core PCE

One of the safest assumptions on Wall Street is that however high stocks have climbed, professional forecasters will say they can go higher. That’s not the case now.

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