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Another strategist chops his S&P 500 target — but for a different reason than the Goldman Sachs reduction - MarketWatch

1. Yardeni cuts S&P 500 target to 6,400, down from 7,000. 2. Goldman Sachs lowers its target to 6,200 from 6,500. 3. Yardeni highlights potential stagflationary impacts from current policies. 4. S&P 500 companies' earnings forecast set at $285, above Goldman’s $262. 5. Political tensions could lead to government shutdown, affecting market sentiment.

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FAQ

Why Bearish?

The overall trend lower in target estimates and concerns about stagflation signal weakness.

How important is it?

Target cuts reflect broader market sentiment; may signal lower future investment returns.

Why Short Term?

Immediate concerns of a government shutdown and market uncertainty may cause volatility.

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