Latest / Earn Your Leisure / Market Predictions: Could the S&P 500 Triple by 2030?

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Market Predictions: Could the S&P 500 Triple by 2030? · Earn Your Leisure

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  Speaker 2: Do you foresee a rate cut happening in September?
• 1:54
  Speaker 3: Let's go perview of my crystal ball. But I will say,
• 2:00
  Speaker 3: I'm gonna getlicked up. I'm gonna get something to be
• 2:02
  Speaker 3: I'm wrong about. I'm gonna say yes, got a fee
• 2:06
  Speaker 3: the streets one way or another, right, I'm gonna say yes,
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  Speaker 3: we would need a rate cut at some point. I
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  Speaker 3: don't have any intel or pow oh to all the Democrats.
• 2:15
  Speaker 3: None of anything that I said is reflective of how
• 2:17
  Speaker 3: I feel about Nancy Pelosi and Janet Yelling I know
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  Speaker 3: you're not let me in the building, but them two
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  Speaker 3: lout doors let me walk through, Yes, please? But yeah,
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  Speaker 3: I think hopefully one rake cut will come in September.
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  Speaker 3: It will be the one for the year if we
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  Speaker 3: do it. But I hope.
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  Speaker 1: So do you think one for the year.
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  Speaker 3: I don't see how they do more because they I
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  Speaker 3: don't think they can push us back down to two
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  Speaker 3: percent after fourteen fifteen years of quantitative easy, and I
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  Speaker 3: think if they were going to push us towards that
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  Speaker 3: rate level, we would have been there already. The average
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  Speaker 3: home mortgage is what seven percent now?
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  Speaker 1: Well Fed Palace spoke last week, so the inflation number
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  Speaker 1: is going down slightly. CPI is going down and according
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  Speaker 1: to the CME, the Chicago Mercantal Exchange, who track this
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  Speaker 1: and you are in you're in the green here, they
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  Speaker 1: said that there's a ninety five percent chance that there
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  Speaker 1: will be a rate cut in September.
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  Speaker 3: Bravo. I took that part upto seeing me in Chicago,
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  Speaker 3: they hopes, though, we need look at it. No, and
• 3:27
  Speaker 3: if I don't want any chance to win, he better
• 3:28
  Speaker 3: call Chicago and make sure that the number is right and.
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  Speaker 1: Then have one in November and hopefully if you're still
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  Speaker 1: there to get one in December, right called.
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  Speaker 3: Moving company right into the Christmas rally.
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  Speaker 1: We need it?
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  Speaker 2: Yeah, all right, hit the like button and share. So
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  Speaker 2: analyst Tom Lee has predicted the S and P five
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  Speaker 2: hundred will reach fifteen thousand by twenty thirty. So that
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  Speaker 2: would be like almost triple from where it is now. Yeah,
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  Speaker 2: in a relatively short period of time. Twenty thirty is
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  Speaker 2: not that far away. Six years, So is that even
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  Speaker 2: realistic that the S and P four hundred is going
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  Speaker 2: to increase triple in three years, in four years, six years,
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  Speaker 2: six years?
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  Speaker 3: Yeah, I don't. I mean love I love time. I
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  Speaker 3: know some people don't like him because he's always super bullish,
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  Speaker 3: but the thing that it does get right is better
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  Speaker 3: to be bullish on the market long term because if
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  Speaker 3: you look at a graph of how often we're positive
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  Speaker 3: versus negative, I think, what seventy eight percent of the
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  Speaker 3: time we're to the up. I don't know for a triple,
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  Speaker 3: but I can see us doubling, especially if they start
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  Speaker 3: moving some of these bummass companies out of the way.
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  Speaker 3: Walgreens got kicked out. If the spy does and reshuffling
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  Speaker 3: and put some better companies in there and replace the
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  Speaker 3: ones in the laggards or value driven companies. I definitely
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  Speaker 3: can see it's doubling by twenty thirty. Tripling will be tough.
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  Speaker 3: We'll have to go and then in order for that
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  Speaker 3: to happen, we will need to get back to get
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  Speaker 3: back to two percent three percent interest rate across the board,
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  Speaker 3: And I don't know if we'll have that many cuts.
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  Speaker 3: But if we get down to two to three percent
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  Speaker 3: and they reshuffle some of the companies that are in there,
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  Speaker 3: we could triple. But I don't see us getting that
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  Speaker 3: many rate cuts in our favor. I really don't. But
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  Speaker 3: the biggest lesson is to stay long in the market
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  Speaker 3: no matter what.
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  Speaker 1: Well.
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  Speaker 2: It's also can speak us hyperinflation, which is true. So
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  Speaker 2: if the theory that the market is raped is true,
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  Speaker 2: then it would be like, Okay, you know previously seven
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  Speaker 2: percent average, that's people one hundred. That's not going to
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  Speaker 2: do it if inflation is higher than that, So you
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  Speaker 2: would have to get double digit return. And rule of
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  Speaker 2: seventy two is that if you get seven point two
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  Speaker 2: percent on your investment for a ten year period of time,
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  Speaker 2: then that doubles your investment So now if the new
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  Speaker 2: seven point two is fourteen percent or twenty percent right now,
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  Speaker 2: you're going to start to see a higher increase while
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  Speaker 2: money is getting devalued. You need a higher rates of
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  Speaker 2: return to actually keep up with inflation. The regular seven
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  Speaker 2: percent is not going to cut it anymore. So that's
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  Speaker 2: something to consider.
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  Speaker 3: That's a great point. I never thought about that. That's
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  Speaker 3: a great point.
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  Speaker 1: And at that number, what does that put the NaSTA?
• 6:23
  Speaker 1: What does that put the.
• 6:26
  Speaker 3: NASA could go belisted. If if the spy triples, then
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  Speaker 3: that's a quintumplin for NaSTA.
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  Speaker 1: Yeah, yeah, yeah, yeah, hold for the long.
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  Speaker 3: Term, yeah hold, no matter what. But ver shot, that's
• 6:43
  Speaker 3: a great point about the inflation point for sure.
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  Speaker 2: Yeah, something to think about, something to consider.
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