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But we saved everything 🙂.
James E. Thorne describes a resurgence of pessimism among Wall Street observers. He notes that despite a rally in profits and stock prices, some market participants now dismiss these gains as an 'earnings bubble.'
According to Thorne, these so-called 'doomers' are shifting their narrative after missing out on strong earnings performance.
Thorne has previously examined how accelerating digital technology may push S&P 500 earnings growth beyond traditional limits, according to a recent analysis. He also discussed optimism for the market, referencing an AI-driven super cycle and a potential S&P 500 target of 14,000 in a separate report.