JPMorgan’s S&P 500 forecast for 2022 is among the most bullish on Wall Street. Here’s the biggest risk it sees for stocks.
“There is no world, I think, where (the effectiveness) is the same level…we had with delta,” he told the Financial Times, adding that “all the scientists I’ve talked to…are like ‘this is not going to be good.'”
Indeed, the show must go on, with Wall Street banks continuing to churn out forecasts for the coming year. In our call of the day, JPMorgan predicts a 5,050 finish in 2022 for the S&P 500 SPX, +1.32%, which matches RBC’s forecast and looks among the most optimistic on Wall Street so far.
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