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Citi group raises SP500 price target


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They basically stated the following

Fundamentals don’t matter , the economy doesn’t matter and price discovery is dead.

All that matters is the Fed is 100% committed to crossing every imaginable red line and printing literally infinite money if that’s what it takes to keep this bubble inflating.

They aren’t even trying to justify it anymore

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2 minutes ago, f7ben said:

They basically stated the following

Fundamentals don’t matter , the economy doesn’t matter and price discovery is dead.

All that matters is the Fed is 100% committed to crossing every imaginable red line and printing literally infinite money if that’s what it takes to keep this bubble inflating.

They aren’t even trying to justify it anymore

Not they, Tobias Levkovich who is a pessimist.:lol:

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  • Trying to pay the bills, lol



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