Prime JPMorgan strategist explains how shares hit ‘market nirvana’ in 2021

Dubravko Lakos-Bujas. Head of U.S. Fairness Technique, JP Morgan

Scott Mlyn | CNBC

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One in every of JPMorgan’s prime strategists defined on Thursday how a “market nirvana” may push the S&P 500 practically 20% larger the tip of subsequent yr.

The financial institution launched its 2021 forecast this week, setting its base case goal for the S&P 500 at 4,400 for the tip of 2021. Dubravko Lakos-Bujas, the financial institution’s chief U.S. fairness strategist, defined the reasoning behind the bullish outlook on CNBC’s “Halftime Report.”

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