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Bloomberg Surveillance · Monday, August 31, 2026

Equities Still Poised for Upside Despite High Valuations

Tracy Manzi's outlook for the equity market remains positive, with a 12-month target of 8250 for the S&P 500. She attributes this to the resilience of the economy and continued strength in corporate earnings, which are expected to support further market gains. Manzi remains bullish on tech, industrials, and healthcare sectors.

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3 quotes
When we look at what our forward outlook is for the equity market we still see equities moving higher on a twelve month target eighty two fifty is our S. and P. five hundred target so you know there is some some upside here still with just given.
Tracy Manzi
The resilience of the economy the strength in corporate earnings we expect that to continue.
Tracy Manzi
You know, some of our favorite sectors in the equity market, we still like tech. Yes, tech has had a good run. But when we look ahead, you know, they're still posting the strongest earnings growth of all of the sectors.
Tracy Manzi
Heard on Bloomberg Surveillance — “Yields Respond to Kevin Warsh's Jackson Hole Speech, published Monday, August 31, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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