Updated
Updated · CNBC · Aug 17
Evercore ISI Sees S&P 500 Hitting 9,000 in 12 Months as Bull-Market Risks Stay Muted
Updated
Updated · CNBC · Aug 17

Evercore ISI Sees S&P 500 Hitting 9,000 in 12 Months as Bull-Market Risks Stay Muted

1 articles · Updated · CNBC · Aug 17

Summary

  • 9,000 is attainable for the S&P 500 within 12 months, Evercore ISI strategist Julian Emanuel said, implying about 16% upside from Friday’s 7,785.76 close.
  • Emanuel argued the usual bull-market killers are missing: no recession, no spike in long-end yields, and no extreme investor or capital-markets FOMO.
  • 121 stocks now sit on his Negative Beta list — a record — which he said shows investors are more diversified than they were before the dotcom bust.
  • His call stands well above RBC Capital’s 8,150 forecast, while his base case remains 7,750, roughly in line with the index’s current level.

Insights

With margin debt hitting $1.5 trillion, is the S&P 500's march to 9,000 a genuine boom or a leveraged trap?
As AI shifts from software to chips, could the record 121 negative beta stocks be the ultimate safety net for a correction?
If extreme FOMO is truly absent, why are the top ten S&P 500 stocks consuming over a third of the entire index?