Graham Stephan, relaying Bank of America: SPY will rise

The window it was checked over

SPY closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

damages the central bank's credibility around the world, leading to a potential sell-off of US dollars. Either way, Jerome Powell's current term comes to an end in May of 2026. And after that, we're likely going to see some pretty significant changes across everything, including first the stock market. As of now, there's a lot of skepticism about where the market's currently headed. I mean, it's no surprise over the last 5 years, the market has done incredibly well. But going forward, some analysts are getting a lot more cautious. For example, Bank of America predicts that the S&P 500 is going to reach 7100 by the end of 2026, implying just a 3.7% increase from today, even though Deutsche Bank is still predicting a nearly 17% gain. However, it is worth mentioning that so far not a single analyst has predicted that the market would end the year negative. And the last time this happened, 2008 before the market fell 40% and in 2001 before the S&P 500 fell another 13%. Anyway, now that the S&P 500 is on track for its fourth straight year of gains, CNN points out that there's a very clear bullcase and barecase scenario that everyone needs to be made aware of. So, let's first start with why

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.