Investors should brace for the S&P 500 index SPX to keep oscillating in the 3,700-to- 4,300 range, as it has been for more than a year, according to strategists at the Wells Fargo Investment Institute.
But... Investors should brace for the S&P 500 index SPX to keep oscillating in the 3,700-to- 4,300 range, as it has been for more than a year, according to strategists at the Wells Fargo Investment Institute. But that doesn’t mean investors should hold their breath for a sustained stock-market rally, according to a Wells Institute team led by Chris Haverland, global equity strategist.
Instead, they point to a continued “disconnect” between the market’s view on where rates are headed and what has been outlined by the Federal Reserve.
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