Top Analyst Sees the S&P 500 at 10,000. He Says He Can’t Find a Reason It Won’t Happen
On CNBC’s Investment Committee, Joe Terranova (who is the Senior Managing Director for Virtus Investment Partners) said, “I think you get to 10,000 in the next 18 months. I see no reason why not.” The S&P 500 closed last Friday with the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) at 772.67,