S&P 500 Rangebound Year-End Outlook
Analysts see the stock market staying rangebound for the remainder of 2021.
Too little corroboration in the last 3 days to call a trend (1 article). Watching for it to gain traction.
"Siegel expects that 'unless we get a meaningful de-escalation that takes oil decisively lower,' the stock market will remain 'mostly rangebound in the near term.'"
""We're in a stalled, range-bound, slightly irrational market as we wait for policy clarity," said Jay Hatfield, CEO of Infrastructure Capital Advisors."
""Stocks are just kind of stuck in this really tight trading range until we get some more information on inflation trends.""
""The market now appears to be in a 'relatively comfortable place,' David Miller... He expects equities to trade relatively range-bound in the near future.""
"12 of 15 strategists who answered a question about the outlook for stocks said trading will be range bound in the coming three months."
"12 of 15 strategists who answered a question about the outlook for stocks said trading will be range bound in the coming three months."
"This market is likely to remain range-bound until we get a meaningful move lower in inflation."
""But until you get greater clarity on how inflation is going to be playing out over the next couple of quarters, and what the reaction from the Fed is going to be, the earnings that we've seen will help maybe keep the market range bound.""
"Analysts polled by Reuters, however, see the stock market staying rangebound for the remainder of 2021."
"Analysts polled by Reuters, however, see the stock market staying rangebound for the remainder of 2021."