Wall Street veteran sees S&P 500 and gold both hitting 10,000 by 2030
Yardeni Research predicts the S&P 500 and gold will both reach 10,000 by the end of the decade, reflecting strong economic growth and persistent inflation hedging.
A Wall Street veteran has projected that both the S&P 500 and gold will reach 10,000 by the end of the decade, according to Yardeni Research. The bold call suggests a sustained bull market in equities alongside continued strength in precious metals.
The forecast from Yardeni Research, led by market strategist Ed Yardeni, envisions the S&P 500 more than doubling from current levels by 2030, while gold also climbs to the five-figure mark. The scenario implies robust economic growth, supported by productivity gains and corporate earnings expansion, even as inflation remains elevated enough to drive demand for gold as a store of value. For equities traders, such a projection underscores the potential for long-term capital appreciation, though the path may include volatility from rate adjustments and geopolitical risks. Traders can monitor these trends on NowPrice's live stocks dashboard to track real-time moves in the S&P 500 and gold futures.
Looking ahead, the key drivers to watch include Federal Reserve policy, inflation data, and corporate earnings growth. If the economy avoids a deep recession and productivity continues to improve, the double-10K scenario could materialize. However, any shift in central bank stance or a spike in geopolitical tensions could alter the trajectory. Investors should focus on sector rotation and valuation metrics as the market progresses toward these ambitious targets.