Hatfield: $6,600 SPX Target, Favoring KKR, APO, AMZN, AVGO

Jay Hatfield has a $6,600 target on the SPX for this year. “We’re really calling for a summer power rally.” He outlines his scenario for stag-deflation, with low economic growth but continuing currency deflation. He also thinks that we can evade recession, giving his own definition for recession based on housing rather than unemployment. His picks right now include KKR and APO in financials, along with AMZN and AVGO in tech.

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