Panmure Liberum Forecasts S&P 500 Drop to 5,000

Panmure Liberum projects the S&P 500 will decline to 5,000 points by the end of 2027. The brokerage warns that rising bond yields and interest rates could bring the current equity bull market to a close sooner than expected.

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FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo

Panmure Liberum forecast the WT S&P 500 falling to 5,000 points by late December 2027, wiping out more than 35% from recent closes. The benchmark index in the United States has gained 12.8% this year despite persistent economic headwinds. The British brokerage warns that surging borrowing costs could prematurely shatter the prolonged equity bull market.

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