Stock Market Outlook: Golden Age of Investing Predicted to Spark Huge Rally
According to veteran strategist Mary Ann Bartels of Sanctuary Wealth, the stock market might be at the start of a “Golden Age of Investing” that could lead to impressive gains for investors by 2030. Bartels predicts that the S&P 500 could more than double by the end of the decade, reaching an impressive 13,000.
This potential growth is driven by several key factors, including the productivity gains from artificial intelligence, a robust U.S. economy, sustained lower corporate taxes, reduced interest rates, and continued fiscal stimulus from the Biden Administration. Bartels draws parallels between the current technological revolution in AI and past technological advancements, such as the internet boom of the 1990s and innovations in the 1920s with radio and automobiles.
With the Federal Reserve cutting interest rates, Bartels suggests that the stock market could follow a similar path to the prosperous periods of the 1990s or the 1920s. Bartels believes that we might be in the early stages of a boom cycle, projecting that the equity market won’t peak until 2029-2030.
Looking ahead, Bartels anticipates the S&P 500 to trade between 8,000 and 10,000 by 2030, with the potential to climb as high as 13,000. This ambitious forecast indicates a substantial upside of 118% from current levels. Bartels describes this period as a potential “Golden Age of investing,” marking the second time in 50 years that such an opportunity has emerged.
