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2021-12-30

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S&P 500 Will Top 5,000 Before Correction Hits in 2022, Leuthold Strategist Says

One of Wall Street’s biggest bulls is betting the S&P 500 will continue to gain before a correction

S&P 500 Will Top 5,000 Before Correction Hits in 2022, Leuthold Strategist Says

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Additionally, he expect prices to moderate thanks to flattening breakevens and commodity prices, but that there may be less belief inflation will return to the Fed’s 2% goal.</p><p>“A realization is going to hit us next year that we’re not returning to the Fed’s 2% inflation target,” Paulsen said. “I think the Fed may even adopt the 3% -- they’ll move their inflation target up.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 Will Top 5,000 Before Correction Hits in 2022, Leuthold Strategist Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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