According to Wall Street analysts, next year will be critical for the U.S. stock market, as the imbalance caused by the global pandemic will begin to be eliminated, and the business cycle will normalize.
Goldman Sach expects the S&P 500 index to reach 5,100 points by the end of 2022. Meanwhile, JPMorgan analysts forecast the S&P 500 to grow to 5050 in 2022, partly due to "steady revenue growth" and easing supply chain problems. RBC Capital Markets forecasts the S&P 500 to rise to 5,100 points, while Deutsche Bank expects the S&P 500 to end 2022 at 5,000.
Meanwhile, Citigroup believes the S&P 500 will end next year at 4,900, while Barclays analysts predict the S&P 500 will rise to 4,800 in 2022. However, BofA Global Research experts expect the S&P 500 index to fall to 4,600 by the end of next year. Meanwhile, Morgan Stanley analysts are more negative - they expect the S&P 500 to end 2022 at 4,400.