Bank of America has updated its S&P 500 price target for year-end 2021 and released its brand new year-end target for 2022. Unfortunately, the firm’s new estimates paint an extremely conservative picture of the next 16 months.
Long-time market bull Tom Lee sees Bitcoin’s (CRYPTO: BTC) recovery to above $50,000 and the surge in the price of crude oil as evidence that the S&P 500 Index could rally strongly in September.