XLC - 6 (Bold!) Predictions Across 3 Main Asset Classes For The Next 12 Months

July, 21 2021 12:14 PM The Communication Services Select Sector SPDR Fund

Instead of trying to predict where the S&P 500 will be a year from now, we prefer to go through the main asset classes and provide two predictions for each.
Stocks: Value will outperform growth, industrials will outperform tech.
Bonds: US Treasury 10-Year Yield > 1.67% (up over 50bps from here); 30-10 Spread > 0.87% (highest since 2014).
Commodities: Gold > $2,000 (11%+ from $1800); $56 < Crude Oil < $84 (+/-20% from $70).
Now, you can assign a price target for the S&P 500, if you wish to (and have the necessary "Fortune Telling" skills).

For further details see:

Company Name:	The Communication Services Select Sector SPDR Fund
Stock Symbol:	XLC
Market:	NYSE