BCA Research: Fed Hikes Unlikely to Derail S&P 500, Maintains 8,100 Year-End Target
BCA Research stated that the S&P 500 has gained during every full Fed tightening cycle since 1980, with returns ranging from 4.4% to 28.4%. The firm expects just one or two more 25bp hikes, arguing much of the rate shock is already priced in, while warning highly leveraged AI plays face greater rate risk.
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