Analyst: Trump's Victory Will Accelerate US Stock Market Growth, S&P 500 Index to Rise 11% in 7 Months

BlockBeats News, November 8th, Evercore ISI analyst Julian Emanuel stated that the U.S. stock market bull run is still in its early stages, and during the upcoming Trump presidency, the market will accelerate its rise. "The prospect of deregulation in Washington, D.C. will drive the market higher."

Emanuel stated that the S&P 500 Index will reach 6,600 points by the end of June next year, which implies an 11% increase from current levels. He pointed out that Trump's deregulation efforts may help boost corporate profits. (Golden Ten)