BlackRock CEO just raised S&P 500 target to 7,000 - here's why your portfolio could soar
Key Points
- BlackRock predicts the S&P 500 will rise to 7,000 by the end...
BlackRock just cranked their S&P 500 crystal ball from 6,600 to 7,000 for end of 2025, which is like your overly optimistic friend raising their expectations for your dating life after you finally got a haircut. The world's largest asset manager is betting big on Fed rate cuts and AI magic, even though inflation is sticking around like that one guest who never leaves your party.
The Labor Market Plot Twist
Here's where it gets interesting: BlackRock sees the softening job market as good news because it practically guarantees the Fed will slash rates. It's the economic equivalent of "fail...
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