HSBC raises its year-end S&P 500 forecast to 1,020, from 900 - joining other firms who now...

HSBC raises its year-end S&P 500 forecast to 1,020, from 900 - joining other firms who now have an average forecast of 1,022.

Comments

[herbert hoover]

The S&P being at 970 might have been their first clue that 900 might be a tad off, huh?

Of course we all have every confidence that their second call will be just as accurate as their first. Better yet, why not wait until December 31st to make a prediction?

[Archman Investor]

Heck why not?

Say it and the powers that be can make it happen.

Then, when enough mom and pop americans have been suckered into putting their money back in at S & P 1000 instead of S & P 700, where they should have been putting their money back in, the rug will be pulled out from underneath them in quite the ugly way.

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