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The S&P 500 is headed for 5,000, says UBS. Here’s the when and how.
On the last trading day of August, stock futures are pointing higher as markets look past downbeat economic news from China and continued COVID-19 contagion worries. It’s all part of a relentless march higher for stocks that barely paused this summer.
Unless we have Gama shutting us down like Australians for few months
There were doom and gloom economic projections with potential y2k problems and stock market marched through that, similar to the current problem of pandemic. So, may be there is a similar big capex or other spending going on or anticipated. I do not have the answers.
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