Monetary Matters with Jack Farley The Case For S&P 10,000 by 2027 | Erik YWR on Global Economic Boom, Why Soaring Earnings Support High Equity Valuations, and Oil + China
52 snips
Nov 14, 2025 Erik YWR, a global investor and author of the Your Weekend Reading Substack, argues for a bullish outlook on the stock market, claiming the S&P could reach 10,000 by 2027. He points to strong fiscal spending, impressive corporate earnings, and a revitalized banking sector as key factors. Erik explores the technological wave in AI and chips, emerging market dynamics, and potential dollar weakness boosting global growth. He also warns that rising energy prices could pose a risk, yet remains optimistic about continued consumer strength driving expansion.
AI Snips
Chapters
Transcript
Episode notes
Global Boom Could Extend Markets Higher
- Erik YWR sees a global economic boom and argues many investors are too bearish about its persistence.
- He believes sustained double-digit EPS growth can justify much higher S&P levels, potentially to 10,000 by 2027.
Reconsider Fading The Rally
- Stop reflexively fading the rally and consider that institutions may be underweight while retail leads participation.
- Re-evaluate exposure rather than assuming a 1999-style imminent crash when earnings are growing strongly.
Banks Are An Untapped Growth Engine
- European and Japanese banks have built excess capital and now see improving profitability as rates rose.
- If banks regain lending animal spirits, a large incremental CapEx and lending cycle could amplify growth.