
Well, I say, old bean, the chaps at JPMorgan Chase have been gazing into their crystal ball, and what ho! Theyโve spotted a jolly good show for the S&P 500 in 2026. ๐ According to their top egg, Dubravko Lakos (what a spiffing name, eh?), the index could soar to a whopping 8,000 points if the Federal Reserve chaps decide to loosen their ties a bit more. ๐ถ๏ธ
In a chinwag with CNBC, Lakos let slip that this rosy scenario hinges on the Fed chaps not being too stingy with their monetary policy. โWeโre thinking of [8,000 points] more as an upside scenario, old sport, and that would be contingent upon the Fed easing more than just one more time, which is part of our base caseโฆ
If inflation decides to play nice, I say, it does open up the left side of the distribution for the Fed in a bigger way. And, by Jove, risky assets will be having a rip-roaring time!โ ๐ฅณ
Now, if the Fed only eases once, the chaps at Chase reckon the S&P 500 will still shimmy up to between 7,000 and 7,500. Not too shabby, what?
Lakos went on to waffle about the economy, saying itโs a bit of a mixed bag-a K-shaped affair, if you will. โI think the economy should be in good shape next year, old boy. But itโs a bit like a cricket match-some segments are smashing it out of the park, while others are rather lackluster. I say, a spot of interest rate cutting could give those struggling bits a bit of a leg up.โ ๐
Generated Image: Midjourney
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2025-12-20 18:21