S&P 500 Price Prediction: Will Inflation Or Jobs Be The Mover?

A conservative long-term prediction for the S&P500 (SPX, SPY) price would be a continued bullish streak with some retracements along the way. The 4500-4600 level should be reached by the end of August while the 5000 mark is a theoretical possibility not too far down the line.

It remains to be seen how the Coronavirus concerns, especially with the recent resurgence of the ‘pandemic of the unvaccinated’ in Florida and Texas, will affect this bull run in the markets.

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