The longest bull market in history will just keep going according to ten very successful Wall Street analysts interviewed by Barron’s for its “Outlook: 2015.” Continuing a rise that began in March 2009, the Standard & Poor’s 500 stock index will rise another 10% in 2015, according to those interviewed. Barron’s either didn’t look real hard for a bear, or they’re all hibernating.
The optimistic Wall Street heavy hitters are relatively unconcerned by diving oil prices, potentially rising interest rates, Europe’s woes, the ruble’s collapse, the failure of an Iran nuclear deal, North Korea’s continued intransigence, China’s potential economic plateau, income inequality, or the global increase in cyber attacks and the vulnerability of banking, corporate and defense sectors to hackers. Among the bulls are Bank of America’s Savita Subramanian, Goldman Sachs’ David Kostin, BlackRock’s Russ Koesterich, and JPMorgan Chase’s Durbavko Lakos-Bujas, who likes just about every sector.
