Wall Street's 2026 S&P targets are already all over the place

Wall Street's 2026 S&P targets are already all over the place Hey, folks! Banks have started releasing their S&P index projections for 2026. The range between optimistic and pessimistic scenarios has widened significantly. The optimistic scenario is based on capital investment in AI. Companies like Meta, Amazon, and Microsoft have announced even higher spending for next year. The Bears are painting the same picture, but in reverse. This is because most AI investments are financed with borrowed funds rather than company profits. During the last rally, I locked in some profits on a couple of “winners” rather than buying more. I didn’t move into cash; I didn’t want to chase growth at those levels. It’s interesting to consider what can actually sway someone’s opinion one way or the other