The David Lin Report
'Historic' 40% Rally In Stocks By Summer: David Hunter Doubles Down On Market Melt-Up
May 2, 2024
David Hunter, Chief Macro Strategist, predicts a market melt-up with S&P 500 reaching 7,000 before a global deflationary bust. Topics include Fed policies, triggers for market rally, inflation, sector performance, gold, USD, bonds, and potential bank failures.
47:22
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Quick takeaways
- David Hunter forecasts a market melt-up with S&P 500 reaching 7,000, followed by a global deflationary bust.
- Despite tapering off, the recent bull rally in risk assets suggests further upside potential fueled by a 'wall of worry'.
Deep dives
David Hunter's Stock Market Targets
David Hunter predicts targets of 7,000 for the S&P, 23,000 for the NASDAQ, 55,000 for the Dow, and 3,300 for the Russell. He anticipates a recession starting this year with the market melting up after a pause.
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