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Analyst: StocksTo Soar 14%

Video Credit: Wochit News
Published on August 14, 2020 - Duration: 00:32s

Analyst: StocksTo Soar 14%

Stock strategist Ed Yardeni said the market will rally back in 2022.

The stock market has "discounted lots of the good news likely to occur through the end of next year." Yardeni has been bullish about the market.

He raised his S&P 500 targets to 3,500 for this year and to 3,800 for 2021.

He said expectations for strong profit growth should keep prices rallying for several months Indexes' jumped on Tuesday's with news of a Russian coronavirus vaccine.

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