Gelonghui on November 7th | Evercore ISI strategist said that the uptrend in the US stock market is far from over. They believe that Donald Trump's plan to cut through bureaucratic red tape will drive the s&p 500 index up another 11% in the middle of next year. Strategist Julian Emanuel wrote in the report: "History shows that the current bull market is still a growing baby, the prospect of loosening government regulations will drive this market higher, with a target price of 6600 points for the s&p 500 index by the end of June 2025." Emanuel's team's research shows that over the past 100 years, the s&p 500 index has averaged a 152% increase during 50 months of bull markets. The index has risen by 65% since hitting a low point in October 2022, and the uptrend has not yet reached the average level of past bull markets.