Bank of America (BofA) believes corporate America will send the S&P 500 soaring to new all-time high levels. Despite President Trump’s trade war, BofA strategists including Savita Subramanian and Jill Carey Hall predict that the S&P 500 will hit 6,300 by the end of the year and skyrocket to 6,600 in 12 months, reports Bloomberg. BofA strategists say America’s economic engine remains resilient. “Despite tentative trade deals, the One Big Beautiful Bill Act and receding recession risks, policy uncertainty is near all-time highs and sovereign yields are at multi-decade highs. But corporate transparency has remained intact… Volatility in currency, inflation and rates have failed to rattle S&P 500 margins since Covid – corporates either adapted or dropped out of the index.” BofA’s bullish stance comes as one wealth advisory firm says investors are becoming increasingly optimistic about the trajectory of the S&P 500. In a new CNBC interview, Payne Capital Management senior wealth advisor Courtney Garcia says tariff headlines are no longer rattling investor confidence, as markets grow accustomed to Trump’s threats being delayed or dialed back. “I think what the market is starting to realize is that these are just getting pushed down the line… There are no really tariff deadlines that are coming. They just keep getting pushed out indefinitely, and that’s where markets are saying, ‘Okay, this isn’t probably as bad as we expected,’ at least in the first week of April, which markets have already moved past. I think at this point, markets are more focused on almost a Goldilocks scenario, that interest rates are probably coming down later this year, growth is actually still strong, inflation is starting to come down. I think that’s what the market is pricing in.” Payne Capital Management is a New York-based registered investment advisor that oversees $1.06 billion in assets. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bank of America Unveils S&P 500 Targets As Wealth Advisory Firm Says Investors Pricing In Goldilocks Scenario for Stock Market: Report appeared first on The Daily Hodl .
