2nd Half Outlook For US Equities
By Lori Calvasina
Published July 22, 2020 | 5 min listen
In this edition, Lori discusses her outlook for the S&P 500 in the 2nd half of 2020. She’s lifted her year-end 2020 S&P 500 target from 2750 to 2900, but there’s no change in her overall message – she continues to expect choppy markets in the back half of the year and see downside risk from current levels. Lori discusses her latest thoughts on valuation, sentiment, earnings, and seasonality.
Lori Calvasina
Managing Director & Head of U.S. Equity Strategy, RBC Capital Markets
Lori Calvasina joined RBC Capital Markets as Head of U.S. Equity Strategy in 2017 as a Managing Director. Having spent nearly two decades as an equity strategist at major investment banks, Lori is an expert on the US stock market, and regularly represents RBC in the financial media on Bloomberg and CNBC. Prior to joining RBC, Lori was a senior equity strategist at Credit Suisse from 2010 to 2017, covering Small/Mid Cap Strategy from 2010-2014 and both Small/Mid Cap and US Equity Strategy from 2015-2017. She spent the first ten years of her career at Citi in a variety of roles including lead Small/Mid Cap Strategist from 2007-2010. In both 2008 and 2009 Lori was ranked #2 in the Small Companies category in the Institutional Investor All America Research team poll. Lori is a graduate of the University of Virginia and its selective Government & Foreign Affairs’ Honors Program. In 2019, she was named to Crains New York’s list of Notable Women in Finance.
Lori CalvasinaMarkets in MotionPodcastS&P 500US Equities
