CFRA predicts that the S&P 500 index is expected to surge to 6,585 points next year, but the bull market volatility warning has been upgraded!

CFRA predicts that the S&P 500 index will reach 6,585 points by the end of 2025, an increase of 11%. Although earnings expansion has driven this expectation, market volatility is expected to increase. Compared to Thursday's closing price of 5,948.71 points, the forecast shows significant growth. CFRA Chief Investment Strategist Sam Stovall noted that U.S. real GDP is expected to grow by 2.4%, and operating profits of S&P 500 constituents are projected to increase by 13%. Despite entering the third year of a bull market, the S&P 500 index has risen about 25% this year. Market volatility (VIX) is expected to rise, as historically there have been multiple declines in the first year of a presidential term. Positive factors include declining inflation and interest rates