Core Viewpoint - Wall Street's largest bull maintains the expectation that the S&P 500 index will exceed 7000 points by the end of the year, despite many strategists lowering their forecasts for 2025 [1] Group 1: Market Predictions - Christopher Harvey from Wells Fargo Securities predicts the S&P 500 index will reach 7007 points by year-end, consistent with his earlier forecast from early 2025 [1] - The index has risen over 10% in the first nine trading days, marking the longest upward streak in over twenty years [1] - Harvey's estimate assumes a further 24% increase in the benchmark index over the next eight months [1] Group 2: Economic Influences - The potential impacts of the Trump trade war, tax cut promises, and the possibility of Federal Reserve rate cuts loom over the market outlook [1] - Harvey notes a shift in the White House's tone, suggesting that a change from a confrontational to a more conciliatory approach could significantly alter market dynamics [1] - He believes that the peak of uncertainty has been surpassed [1]