Deutsche Bank Does It Again: “Buy Stocks”

us stock

For the second time in few days, people at Deutsche Bank completely changed their mind on the future of world economy; at first DBK asked for an ECB intervention to make inflation grow in the Euro Area, now the hot topic is Wall Street future

(original publishing date: 09/11/14)

Believe it or not, Deutsche Bank did it again.

David Bianco, one of the most popular analysts at Deutsche Bank, completely changed his mind on the future of the US stock market, check this out:

  • 2014 S&P 500 target: 2,050 (previously 1,850)
  • 2015 S&P 500 target: 2,150 (previously 2,000)
  • 2016 S&P 500 target: 2,300
So it turns out stocks aren’t going to fall that much this year, but how come one of the most bearish actors on the market became so bullish, all at once ?
Well, this is what bulls think of S&P 500 now:
bianco bullish
Looks good huh ?
And yet, this euphoria feeling should remind us of something…shouldn’t it ?
We’ll see, we’ll see…

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