Wells Fargo's Chris Harvey predicts S&P 500 will jump 16%, sees AI trade as key driver
CNBC Television·2025-06-11 21:47
Well, Wall Street's biggest bull predicting the S&P 500 will jump 16% from today's close by the end of the year. Chris Harvey is the Wells Fargo Securities head of equity strategy. He is with us here.So, why why are you so bullish then. You're looking for 16% upside from here when there is still so many known unknowns or unknown knowns. If you look at things right, there's a narrative and then there's a fundamentals.Credit spreads 85 basis points over, not very recessionary. If we look at the IPO market, th ...