SPDR S&P 500 (SPY)

[fitzwell11]

Hi Guta, I hold a very different view as I think SPX sub-2,000 is much more realistic than 3,500+. I’m happy to share the reasons if anyone is ever interested (and it’s not because I’m a permabear - made 43% total port return in 2019 with markets at 28%}. Anyways, I do like to challenge my own perspective so if you feel up for it, could you lay out the case for 3,500 given the credit bubble that has collapsed? I’m curious of your take on the Feds new SVRs and fallen angel buying, and if you see an inflationary cycle in your analysis of spy going to new ATH? Appreciate your input.