Dan Niles: Last 13 years has been the market on 'heavy drugs', now going through withdrawals

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Go back to Dan Niles: Last 13 years has been the market on 'heavy drugs', now going through withdrawals

Satori Fund founder Dan Niles warns S&P 500 could test 3,000 by mid-year

February 27, 2023 2:02 PM EST

Dan Niles, the Founder and Senior Portfolio Manager for the Satori Fund, told Investing.com and Street Insider on Monday that he expects to see the S&P 500 at 3,000 "before this is over."

In a Twitter Spaces, Niles said the 3,000 target is for mid-year as he believes inflation will keep coming down but remain "sticky" due to the China re-opening, while U.S. consumers are... More