$50 billion asset manager issues Street

2025-07-14 18:37:56 分类：Blockchain Trader 阅读(642)

Sanctuarys new mid-year outlook is among the most optimistic on Wall Street, joining Wells Fargo and Deutsche Bank in projecting a 7,000 level for the S&P 500.

Chief Investment Strategist Mary Ann Bartels stated that strong structural trends, including investment in AI, robotics, blockchain, and other transformative technologies, will support American stocks.

“We maintain our target of 7200 for the S&P 500 by next year. Without any major disruptions, we believe it will be possible for the S&P 500 to reach 7000 by year-end,” the firm stated.

Drivers for the S&P 500 bullish outlook

Bartels also cited strong corporate earnings as a foundation for higher valuations. Despite concerns about elevated stock prices, she said positive earnings surprises could improve the outlook.

“We believe the new technology of artificial intelligence (AI) is going to and is already having a profound impact on business productivity and corporate margins. <…>All of this is broadly bullish for equities in the second half of the year, in our view,” Bartels said.

Its worth noting that U.S. companies beat EPS expectations in Q1, and Sanctuary expects similar upside in Q2.

Sanctuarys upbeat outlook stands in contrast to more cautious views, which focus on high valuations and economic risks. The firm views the technology investment boom as a genuine, lasting shift that will boost earnings and support higher stock prices in the long term.

This bullish outlook follows a sluggish start to the year, during which markets were rattled by uncertainty stemming from trade tariffs and escalating geopolitical tensions. At the same time, the current upbeat view comes despite the renewed trade tariff threat by President Donald Trump.

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