JP Morgan forecast S&P500 to 4000 in early 2021 and higher still after that

An ICYMI from a note from JPM (via Reuters)

  • S&P 500 index to hit 4,000 by early 2021
  • Pfizer COVID-19 vaccine update “one of the best backdrops for sustained gains in years.”
  • index to hit about 4,500 by the end of 2021