Federated Hermes CIO Stephen Auth discusses his outlook on the secular bull market on ‘Making Money.’
Stephen Auth, Federated Hermes CIO, argues for a robust secular bull market, tracing its origins to the Great Financial Crisis and predicting a 2027 S&P 500 target of 9,000. He highlights the transformative impact of the technological revolution, particularly AI and space, as critical accelerators. Auth advises investors on market navigation, stressing the importance of nominal earnings, forward market focus, and knowing when to ‘do nothing’ amidst short-term corrections.
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