Savita Subramanian is the Head of Equity Strategy and the Head of US Equity & Quantitative Strategy at BofA Global Research. Below are notes from her talk at the MorningStar Conference in Chicago on June 26th 2024.
The least important number she published but received the most attention is the year-end target for the S&P 500. She predicts the S&P will close the year at 5400 on December 31 at 4 PM. We'll call you to see if this is right, but we acknowledge we may be wrong at that time. What’s important is the strategist’s...