Crazy predictions! Is the S&P 500 likely to soar nearly 400% in the next 20 years because of “millennials”?

Original title: Crazy predictions! Is the S&P 500 likely to soar nearly 400% in the next 20 years because of “millennials”? Source: Tom Lee of FX168 Fundstrat said in a recent report that by 2038, the S&P 500 index may soar 362% to 19350 points. Lee said that millennials will be the most important driver of the US economy in the next 20 years. “Millennials will be the main incremental and additional driving force for US economic growth. Better growth equals better stock returns.” Fundstrat's Tom L

FX168Jun 7, 2021 16:51