America's Sonic Boom! Why I Think SPY Could Hit $510 By Q4 2022

José Ricaurte | August 18, 2021

The media’s doom and gloom. It always is. CNBC just wrote a story about how the University of Michigan’s consumer sentiment index fell all the way from July 2021’s 81.2 to 70.2. That’s even lower than April 2020’s 71.8, the lowest of the pandemic era. You can thank the Delta variant for that one.

But here’s the thing: consumer sentiment is but one tiny preliminary indicator of economic conditions. Other numbers, like the number of jobless claims (which is based more on hard numbers and not sentiment), point towards recovery.

In fact, I think the SPY — an ETF for the S&P 500 — could hit $510 by Q4 in 2022. It’s a bold prediction, I know.

And sure, China looks cheaper than the US right now. But consider this: they aren’t very good at policy communication. Oh, not to mention they might be going into lockdown again to curb spreads of COVID variants. Not a risk you want to take with your 401(k) or IRA.

Europe isn’t that great either, even if people say otherwise. There’s no inflation. They have negative demographics — a fast-aging population with fewer young people than old people. Without a young, financially strong population, they won’t go far.

Ultimately, I think the American stock market is prepped for growth.

Anyways, check out the full video to learn why I think the SPY (and thus, the US market) could do so well by next year…

Then click here to learn how I do this kind of analysis!

All the best,
Coach J.R. Jaén Celada
"I am a great believer in luck, and I find the harder I work, the more I have of it."
- Thomas Jefferson
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