John Higgins, the chief markets economist at Capital Economics, has forecasted that the current stock market bubble will continue to inflate until the end of 2025, with the S&P 500 index potentially reaching 6,500 points by then. What Happened: Despite the ongoing bubble debate, Higgins said “We are sticking to our view that this [stock market bubble] will inflate through the end of next year. Our end-2025 forecast of 6,500 for the index is premised on its valuation reaching a similar level to its peak during the dot com mania,” reported Business Insider. Higgins’ forecast is based on the curr…
