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Banmour forecasts S&P 500 drops to 5000 by 2027
Panmore Libremon Company has forecasted that the S&P 500 index will decline to 5,000 points by the end of 2027, reflecting a drop of nearly 35% from its last close at 7,722 points. This projection comes amid concerns over rising bond yields and interest rates, which could accelerate the end of the US bull market, despite ongoing strong earnings growth and economic data so far. The forecasts suggest that the market may face additional pressures due to tightening monetary policies and rising costs, whereas other brokerage firms' predictions vary, with some expecting the market to reach higher levels by 2026.
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