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Analyst: Trump's victory will accelerate the pump of US stocks, and the S&P 500 index will pump 11% within 8 months.
On November 8th, Evercore ISI analyst Julian Emanuel said that the US stock market Bull Market is still in the early stages, and that the market will accelerate pump in the upcoming Trump presidency. 'The prospect of relaxed regulation in Washington, D.C. will drive market pump,' Emanuel said. He stated that the S&P 500 index will reach 6600 points by the end of June next year, which means a pump of 11% from the current level. He pointed out that Trump's moves to relax institutional regulation may help boost company profits. (Jinshi)