Analysts have divergent views on the US stock market in June and the medium to long term
The S&P 500 index has fallen by 0.05 since hitting a high of 7620 on the 2nd. The Foundation for the Study of Cycles points out that major US stock indices are in the top aligned window, facing downward pressure from June to October November, while the financial sector remains bullish. Morgan Stanley expects the S&P 500 index to rise by 0.12 over the next 12 months, while also reminding of the pressure on credit performance from increased corporate debt. Fidelity believes that recent geopolitical conflicts, rising oil prices, and inflation data have led to a correction in technology stocks and indices, which is currently a seasonal adjustment. Herman Jin warned against the risk of semiconductor low PE foam in the AI bull market, and believed that the pricing matching model income and capital expenditure was unrealistic.