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James E. Thorne described how Wall Street's consensus is projecting present market turmoil into the future and treating ongoing chaos as the new normal. Thorne argued that expectations of continued higher interest rates, $200 oil, and persistent geopolitical disorder are being seen as standard, noting that this outlook mistakes current volatility for genuine analysis.
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Thorne has recently focused on how Bond Vigilantes are scrutinizing details in Consumer Price Index data, as reported in his previous commentary. He also predicted the S&P 500 could hit 10,000 by 2027, advising investors to consider buying the dip as markets rallied toward year end, according to his market outlook. These views add to his recent analysis of Wall Street's expectations amid market turmoil.