Oracles of Wall Street: The top calls for 2026 from last year's most accurate market forecasters

Market Trends - The S&P 500 experienced a 17% rally in 2025, following a tumultuous period marked by significant events such as the "Liberation Day" tariffs announcement which initially caused a 19% drop in the index [2][5] - Gold saw a remarkable surge of over 60% during the year, highlighting a strong performance in precious metals amidst market volatility [2] Key Forecasters - Manish Kabra from Société Générale accurately predicted the S&P 500's performance with a price target of 6,750, attributing potential growth to favorable policies under President Trump [8] - Kabra maintains a bullish outlook for 2026 with a price target of 7,300, focusing on sectors like consumer cyclical, financials, and industrials that are expected to benefit from the One Big Beautiful Bill Act [8] - Nicholas Colas, cofounder of DataTrek, provided a nearly accurate price target of 6,840, emphasizing the resilience of the US economy as a critical factor for investors [9]