Analyst: Trump's victory will accelerate the rise of US stocks, and the S&P 500 index will increase by 11% in 8 months

BlockBeats news, November 8, Evercore ISI analyst Julian Emanuel stated that the US stock market bull market is still in its early stages, and the stock market will accelerate its rise during the upcoming Trump presidential term. 'The prospect of deregulation in Washington, D.C. will drive the market up.'

Emanuel stated that the S&P 500 index will reach 6600 points by the end of June next year, which means an 11% increase from the current level. He pointed out that Trump's measures to relax regulations may help boost corporate profits. (Jinshi)