Deutsche Bank 2026 Outlook: S&P 500 Year-End Target Expected to Be 8000 Points

November 24th, in the stock market - particularly the tech sector - there has been a certain degree of nervousness recently. However, the multi-asset strategist at HSBC believes that now is the opportune time to make purchases. HSBC pointed out that although the S&P 500 index is within less than 5% of reaching its all-time high, market sentiment and positioning have been significantly impacted. In addition, since October, the high-yield bond spread has only expanded by less than 30 basis points, and emerging market bond spreads are still narrowing. This has made the market in recent weeks appear rather strange. They noted that the VIX futures curve has shown contango, which is not a common occurrence. This indicates that traders believe the short-term market is more uncertain than the long-term market. Most attribute this to concerns about the most speculative part of the market. Nevertheless, current bottom-up consensus expectations show that the S&P 500's net profit, excluding the

On November 24th, Arthur Hayes responded on social media to inquiries about the upcoming "HYPE First Unlock which is only 5 days away. The community wants insights into the token's future governance and strategic roadmap after 2026." He stated: Just do the math, and it becomes evident that for HYPE to overcome the uncertainty, the only way out is to achieve significant revenue growth. Even if the team promises not to sell, such a commitment is completely unbinding. Therefore, we must assume that there will be selling pressure every day. The market has long been aware of this - since the price reached a historical high in July, the P/FDV (Fully Diluted Valuation Ratio) has been halved. BlockBeats previously reported that according to Tokenomist data, the initial token unlock of the Hyperliquid project will take place on November 29th at 15:30 Beijing time. An estimated 9.92 million HYPE tokens worth $312 million will be unlocked, accounting for 2.66% of the circulating supply. This is t

November 24th. According to on-chain analyst Whale Whisperer (@whale_9684xtpa), the whale that averaged a price of $66,169 to accumulate $144 million worth of WBTC is reported to have exited its position. Over a period of three weeks, it has transferred more than $193 million worth of tokens to various exchanges. If sold, there is a potential profit of $60.22 million. 3 hours ago, the address 0x9b8...822d8 made a final deposit of 150 WBTC into Binance, worth $12.87 million. With this deposit, the whale has now transferred all 2,189.23 WBTC accumulated between February 2024 and February 2025 to the exchange and sold at an average price of $95,994. Currently, it still holds $85.55 million worth of ETH.

On November 24th, the National Association for Business Economics (NABE) announced in its annual forecast survey that the growth rate of the U.S. economy will slightly pick up next year. However, job growth will remain sluggish, and the Federal Reserve will slow down the pace of further interest rate cuts. This survey involved 42 professional forecasters. The results show that the median economic forecast is 2% growth, which is higher than the 1.8% from the October survey. The expected increase in personal spending and business investment will drive economic growth higher. But professional forecasters almost unanimously believe that the new import tariffs of the Trump administration will drag down the growth rate by at least 0.25 percentage points. The survey report stated, "Respondents consider that the 'tariff impact' is the greatest downside risk to the U.S. economic outlook." Stringent immigration enforcement is also regarded as a factor inhibiting economic growth, while productivi

On November 24th, the Bitcoin Exchange-Traded Fund (ETF) is currently witnessing the most significant monthly fund outflows in nearly two years, which is adding more pressure to the already weak crypto market. Bloomberg compiled data indicates that investors have withdrawn $3.5 billion from U.S.-listed Bitcoin ETFs so far in November. This amount is nearly equivalent to the record $3.6 billion outflow set in February, which was the highest monthly outflow in history. BlackRock's Bitcoin fund, IBIT, accounts for approximately 60% of the total assets of such funds. In November, this fund recorded $2.2 billion in redemptions. If there are no substantial inflows in the coming days, it will mark its worst monthly performance. Citigroup's research team quantified this phenomenon. For every $1 billion (net) outflow from Bitcoin ETFs, the price drops by about 3.4%, and vice versa. Citigroup analyst Alex Saunders has set a year-end bearish target of $82,000 (assuming zero inflows). The actual

On November 24th, according to the official announcement, OKX will officially transform the MON/USDT pre-market trading contract into a standard perpetual contract on November 24, 2025, from 23:00 to November 25 at 02:00 (UTC+8), and it will support leverage ranging from 0.01 to 50x.