Market News / Story
Analyst Sets Stark S&P 500 Target For 2027
GuruFocus ·
GuruFocus reports: A prominent market strategist is warning that the AI boom could unravel within the next two years and drag the S&P 500 sharply lower, with his base case calling for the index to fall to 5,000 by the end of 2027. That would imply roughly 36% downside from current levels and make the forecast one of the most bearish on Wall Street. Panmure Liberum strategist Joachim Klement believes the AI trade could begin breaking down as soon as 2027 as hyperscalers face rising financing…