S&P 500 (SPX) Loading... : Bullish and Bearish Analyst Opinions

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16:39
Apr 27
Mike McGlone Senior Commodity Strategist, Bloomberg Intelligence The David Lin Report
S&P 500 overvalued, set to decline.
The S&P 500 is extremely overvalued at 2.4 times GDP, reminiscent of 1929 US and 1989 Japan. Signals from Bitcoin, gold, and volatility point to an eventual decline. He is underweight risk assets and expects a bear market or significant correction.
MED

About S&P 500 (SPX) Analyst Coverage

Buzzberg tracks S&P 500 (SPX) across 1 sources. 0 bullish vs 1 bearish calls from 1 analysts. Sentiment: mixed to bearish. 1 total trade ideas tracked.