ICYMI – Credit Suisse raised its S&P 500 year-end forecast to 4,70, from 4050 | Forexlive

A boosted forecast for US equities from CS, info comes via Reuters:

Credit Suisse citing

• a decline in the near-term U.S. recession risk
  • “Our base case is that a recession will be averted, inflation will remain sticky near current levels, and monetary policy will tighten incrementally”
• a stronger earnings outlook for the largest technology-related companies
  • raised its 2023 earnings per share estimates to $220 from $215
  • raised its 2024 EPS forecast to $237 from $220