The S&P 500 (^GSPC) has been on a tear recently, with multiple financial firms raising their price targets on the tech-heavy index. Infrastructure Capital Advisors top executive Jay Hatfield joins industry Domination Overtime to discuss his bullish S&P 500 target of 5750.
“This industry should be getting smashed. We went from 380 in the beginning of the year to 435 and we’re just churning around at all time highs. So what I think what is happening is like last year, why we were bullish last year, everybody knows the next inflection is a cut, last year it was a pause. So why do you want to sell now just because it’s going to take two more months to have the cut?” Hatfield says.
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